Resource Use In Society 8.2 Flashcards

1
Q

Natural income

A

The yield from natural capital

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2
Q

Renewable resources

A

Living resources that can replace or restock themselves. Ex: timber

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3
Q

Non-renewable resources

A

Non-living resources that exist in a limited amount on the planet and that are not renewed after they’ve been used. Ex: fossil fuels

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4
Q

Value of resources

A

Economic: can it be sold?
Ecological: important service? No monetary value.
Scientific: useful for research?
Intrinsic: cultural, aesthetic, spiritual value? No monetary value.

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5
Q

Natural capital

A

The stock of an ecosystem that can yield a supply of valuable goods and services. Ex: timber can either be a good or protect the soil from eroding (service)
Produces natural income.

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