Resource Management

Question 1

Economy

Answer 1

the system of trade and industry by which the wealth of a country is made and used

Question 2

Circular economy

Answer 2

System where materials never become waste. Products and materials are used in circulation. (Take, Make, Recycle)

Eg: Burger King reusable takeaway wrappers, Apple

Question 3

Linear Economy

Answer 3

System where people buy a product, use it, and then throw it away, creating a large amount of waste. (Take, Make, Waste)

Eg: Disposable nappies, fast food

Question 4

Resource Depletion

Answer 4

When resources beome scarce because they are used faster than they can recover.

Eg: Deforestation (bio case study)

Question 5

Sustainability

Answer 5

Meeting out own need without compromising the ability for future generations to meet their own needs.

Question 6

SDG 12

Answer 6

Responsible consumption and production

Question 7

Tragedy of the Commons

Answer 7

The tragedy of the commons refers to a situation in which individuals with access to a public resource (also called a common) act in their own interest and, in doing so, ultimately deplete the resource.

Question 8

Rare Earth Metals

Answer 8

Minerals common in the earth’s crust but are difficult to extract from the ore.
Eg: erbium

Question 9

Resource Exploitation

Answer 9

extreme usage of energy sources for economic growth, often resulting in environmental degradation

Question 10

Material Footprint

Answer 10

Measures the total amount of raw materials required to produce the goods used by the economy of a country