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4.01 Unit 4 Asynchronous Lesson 25-26

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24 questions
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If the videos below are not loading, please use these links to watch the videos in order to answer the questions:

Video 1: Tragedy of the Commons
Video 2: Natural Resources
Video 3: Environmental Economics
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Reflection: Answer as many as you like (at least 1).
  • What is something new you learned?
  • What is something that suprised you?
  • What questions do you have?
  • What would you like to learn more about?

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If each of the four villagers takes one fish per day, what happens to the pond population the next day?
It decreases to zero.
It stays the same as the previous day.
It doubles.
What key feature defines a tragedy of the commons?
Benefits and costs are equally shared among all individuals
The resource regenerates faster than it is used
An individual can benefit privately while spreading negative effects across the larger population
What caused the fishing village to fall into the "tragedy of the commons" in this example?
Individuals act in short-term self-interest, taking extra fish.
The fish stop reproducing naturally.
Fishermen cannot count fish correctly.
What is the concluding lesson the video emphasizes about solutions to the tragedy of the commons?
Short-term gain for one person is always better than long-term planning.
What is good for the community is also good for each individual when commons problems apply.
There is no possible solution to commons problems.
What is a natural resource?
New technology invented by humans
Helpful man-made objects
Something found in nature that is useful to humans
Which type of resource do humans tend to live by?
mineral
water
energy
Which type of resource can replenish itself in less than a human's lifetime?
Renewable resources
Non-renewable resources
Which type of resource will not come back within a human lifetime?
Renewable
Non-renewable
What are the 3 main non-renewable resources used by humans?
coal
oil
natural gas
wind
water
What is a fossil fuel?
Fuel made from fossils
Fuel used by dinosaurs
Fuel made from the remains of ancient plants and animals
What is the benefit of using renewable resources instead of fossil fuels?
They are inexpensive to use
They will decrease greenhouse gases in the atmosphere
They are sustainable and won't run out
What type of energy can photovoltaic cells capture and convert to electricity?
Solar
Wind
Water
What type of renewable resource besides solar is also powered by the sun?
Hydropower
Wind
Geothermal
What is the biggest issue with solar and wind energy?
The availability of the Sun and wind
Wind turbines and solar panels take up too much space
They produce greenhouse gases
What powers a hydroelectric dam?
Water
Sun
Wind
What is used to produce geothermal energy?
Remains of ancient plants and animals
Heat from inside the Earth
Stored chemical energy
What is used to produce energy from biomass?
Heat from inside the Earth
Stored chemical energy
The remains of ancient plants and animals
What is "environmental economics"?
Preventing anyone from using natural resources
Using natural resources for maximum prosperity and growth
Balancing our desire for prosperity and growth with the need to protect our natural resources
Which concept explains why countries might not have strong incentives to reduce emissions on their own?
Tragedy of the Commons
Comparative advantage
Supply-side economics
What policy tools can governments use to speed up adoption of cleaner energy?
Fossil fuels bans
Subsidies, taxes, and regulations
Public service announcements
What is "cap and trade"?
A system where governments cap prices and trade goods internationally
A subsidy program for renewable energy companies
A permit market that limits total pollution and lets firms buy/sell permits
What is the "rebound effect"?
People may use more energy overall after efficiency improvements because behavior changes.
Energy-efficient actions always reduce total emissions with no exceptions.
New technologies rebound in price after initial subsidies end.
What will be most effective to solve environmental issues?
A mix of policies, technology development, industry change, and consumer behavior is needed.
Only international treaties can fix the problem; local action is pointless.
Individual action alone is enough.