HW 1 T SC 220 Questions

In the three factor model of sustainability we seek to balance economic, social and environmental sustainability factors in harmony. Match the following lists of sustainability factors with their results. Environmental and Economic (1) Environmental, Social, and Economic (2) Social and Economic (3) Environmental and Social (4)

1) Viable 2) Sustainable 3)Equitable 4) Bearable

Match the following good/service pairs with their type. If you feel there is some ambiguity, pick the type that is most common in current practice. (Complements or Substitutes) Right and Left Shoes Gasoline and Propane as automotive fuel Backhoes and their operators a backhoe with an operator and a shovel and a worker beef and lentils as protein in a diet coal and wind as energy sources to produce electricity

Complements: Right and left shoes, backhoes and their operators Substitutes: gasoline and propane as automotive fuel, a backhoe with an operator and a shovel and a worker, beef and lentils as protein in a diet, coal and wind as energy sources to produce electricity

Federal regulations such as lower catch limits are helping the New England cod fishery begin to recover towards a more sustainable state.

False

If people in a social-ecological system are flourishing, the system is sustainable.

False

Strong environmental sustainability implies that we would never deplete anything. All resource stocks must be maintained. For renewables, only net annual growth increments could be harvested in the form of the over mature portion of the stock.

False

There has been increased discussion about the idea of providing a universal basic income (UBI) in which all permanent residents of a country receive a regular, liveable and unconditional sum of money from the government. Payment does not require the recipient to work or look for work, and is independent of any other income. UBi is consistent with the definitions of human flourishing we have discussed in this course.

False

Human sustainability

Maintaining human capital

Economic sustainability

Maintaining the level of human well-being so that it does not decline through time

Which of the following are examples of resilience?

Missing little work and maintaining general health when exposed to the influenza virus Developing new skills and moving from one sector to another for work as the demand for products changes. Attracting new businesses in new sectors to a city or county as traditional industry moves plants overseas.

The Three Parts of the triple bottom line are as follows

People, Planet, Profits

Which of the following are elements of human flourishing proposed by the PERMA model.

Positive Emotion Engagement relationships with other people Meaning Accomplishment

Environmental Sustainability

Practices to ensure that natural resource capital remains intact

Social Sustainability

Practices to ensure that the cohesion of society and its ability to work towards common goals are maintained

What are the five constraints we have discussed that limit potential increases in human flourishing?

Technological Feasibility Physical Possibility Economic profitability environmental soundness social acceptability

In 2013, the New England Fishery Management Council, a regional policy-making arm of the National Oceanic and Atmospheric Administration proposed that the total allowable catch for certain cod stocks be reduced 80% from the quota level at that time. What was proposed as compensation for the fisherman who were most likely to be harmed by reduction in the quota?

The opening of other areas off the New England coast that had previously been closed to allow them to catch more plentiful stocks of fish, such as haddock.

People on Easter Island were no longer able to hunt for porpoises, one of their main food staples, because they cut down too many trees.

True

Sustainability and human flourishing are not mutually exclusive, neither does one imply the other.

True

We usually say that ``solutions'' in sustainable economic systems must have a rate of return (either from profits or some other other source) that is no less than the ``market rate of return''.

True

Weak environmental sustainability assumes that natural capital and manufactured capital are essentially substitutable and considers that there are no essential differences between the kinds of well-being they generate. What matters for sustainability is the total stock of capital, not that of any particular type.

True

Which of the following are usually considered basic needs?

Water, Food, Clothing, Shelter

In his original paper 1995 paper entitled "The Concept of Environmental Sustainability" Robert Goodland of The World Bank identified three types of sustainbility. What are those three types?

environmental sustainability, economic sustainability, social sustainability

In terms of technology adoption, "lock-in'' is defined as the inability of a producer, a consumer or society to move from one solution/state to another without extremely large transition costs.

true

Technology can be both knowledge of techniques and the skills used to implement them, which may be embedded in humans, or it can be directly embedded in machines, computers, devices and factories.

true