APES Chapter 6

#	Question	Answer
1	Affluenza	A Psychological malaise supposedly affecting wealthy young people, symptoms of which include a lack of motivation, feelings of guilt, and a sense of isolation
2	Anthropocentrism	The attribution of human characteristics or behavior to a God, animal, or object
3	Biocentrism	The view or belief that the rights and needs of humans are not more important than those of other living things
4	Ecocenrism	The point of you that recognizes the ecosphere rather than the biosphere, as central in importance, and attempts to reach dress that in balance created by anthropocentrism
5	Capitalist Economy	System in which capital goods are owned by private individuals or businesses
6	Planned Economy	Another term for command economy
7	Mixed economy	Economy system combining private and public enterprises
8	Subsistence Economy	Relies on natural resources to provide the basic needs through hunting, gathering,and subsistence, in agriculture
9	Contingent valuation	Refers to the method of valuation used in cost benefit analysis and environmental accounting
10	Cost-benefit analysis	A process by which business decisions are analyzed the benefits of a given situation or business related actions are summed and then in cost associated with taking the action are subtracted
11	Herman Daly	Is an American ecological economic and professor at the school of public policy of university of Maryland (born 1938)
12	Aldo Leopold	An American author, philosopher, scientist, ecologist, Forrester conservationist, and environmentalist
13	John Muir	Known as "John of the mountains" a Scottish American naturalist, author? environmental philosopher, and early advocate of preservation of wilderness in the United States
14	Environmental	Relating to the natural world and the impact of human activity on its condition
15	Economics	The branch of knowledge concerned with the production, consumption, and transfer of wealth
16	Ethics	Moral principles that govern a persons or groups behavior
17	External Cost	Occurs when producing or consuming a good or service imposes a cost upon a third-party
18	Gross Domestic Product	The total value of goods produced and services provided in a country during one year
19	Genuine product indicator	A metric that has been suggested to replace or supplement gross domestic product as a measure of economic growth
20	Conservation	And action of conserving something in particular
21	Preservation	The action of preserving something
22	Steady state economics	Is in economy with stable or mildly fluctuating size.

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