Unit 4 Eco Chapter 16&17 Glossary

Question 1

Immigration

Answer 1

When people enter and settle in a country where they are not a native

Question 2

Skilled Immigration

Answer 2

People who fit into this category will boost Australia’s labour supply and fill skill shortages. The focus is on skills and talents that are needed

Question 3

Humanitarian immigration

Answer 3

Selected based on their relationship to a sponsor in Australia. This is based on reunions

Question 4

Environmental policies

Answer 4

Designed to conserve the natural world and/or minimise long term damage that may be caused by negative externalities

Question 5

Environmental Protection

Answer 5

This is the Federal Government’s central piece of legislation that protects the natural world. This is designed to protect and manage flora, fauna, ecological communities and heritage places

Question 6

Renewable Energy Targets

Answer 6

This scheme aims to ensure that 20% of Australian power comes from sustainable sources by 2020. This provides incentives for firms to invest in non-carbon based sources of electricity

Question 7

Policy mix

Answer 7

How the Government’s demand and supply schemes are combined to achieve both the economic goals, as well as improvements in national living standards