Unit 2 Flashcards
What led to the near extinction of cod?
Cod were nearly fished into extinction due to large shore and factory freezer trawlers.
These trawlers were incentivized by government subsidies and other financial incentives to increase their catch.
What should companies consider to rethink resource use?
Companies can rethink resource use by:
* Reducing waste
* Making positive resource changes
* Maximizing financial returns
This involves understanding consumer choices and implementing sustainable practices.
What can governments do to promote wise resource use?
Governments can promote wise resource use by:
* Implementing tax incentives
* Encouraging companies to make positive resource changes
* Meeting the wants and needs of citizens
This requires a balance between resource management and public demand.
Fill in the blank: Companies should focus on _______ while maximizing financial returns.
reducing waste
True or False: Individual actions have no impact on resource use.
False
Individuals can influence resource management through their choices and behaviors.
What are some roles of individuals in resource use?
Individuals can play a role by:
* Making conscious choices
* Advocating for sustainable practices
* Participating in community initiatives
Individual actions can collectively lead to significant changes in resource management.