Theodore Wants to Help Protect the Environment

question 82

Multiple Choice

Theodore wants to help protect the environment. How can he make the greatest impact?

• A) plan his shopping to minimize car trips
• B) ride a bicycle everywhere he goes
• C) purchase lots of Fair Trade products
• D) recycle aluminum and steel cans

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Definitions:

Common Resource

A resource like air or water that is not owned by anyone, is available for everyone to use, but can become depleted if overused.

Excludable

A characteristic of a good for which it is possible to prevent individuals from enjoying its benefits unless they pay for it.

Artificially Scarce

A situation where a product or resource's availability is limited through artificial means rather than natural scarcity.

Public Good

A commodity or service that is provided without profit to all members of a society, either by the government or a private individual or organization.