To maximize economic growth

To protect the environment

To find a balance between economic growth and environmental protection

To promote sustainable development

Cost-benefit analysis

Contingent valuation

Hedonic pricing

Travel cost method

Costs or benefits that are imposed on a third party without compensation

Costs or benefits that are internalized by the producer or consumer

Costs or benefits that are shared equally by all members of society

Costs or benefits that are not taken into account in market prices

The overexploitation of a shared resource by individuals acting in their own self-interest

The underutilization of a shared resource due to lack of coordination

The privatization of a shared resource to prevent overexploitation

The regulation of a shared resource to ensure sustainable use

To reduce greenhouse gas emissions by making them more expensive to produce

To generate revenue for government spending

To promote the development of renewable energy sources

To discourage the use of fossil fuels

Development that meets the needs of the present without compromising the ability of future generations to meet their own needs

Development that maximizes economic growth without regard to environmental or social impacts

Development that prioritizes environmental protection over economic growth

Development that is based on the use of renewable resources

To determine the monetary value of environmental goods and services

To compare the costs and benefits of different environmental policies

To inform decision-makers about the economic impacts of environmental policies

To prioritize environmental projects based on their economic benefits

Use value is the value that people derive from directly using a resource, while non-use value is the value that people derive from knowing that a resource exists, even if they do not use it directly

Use value is the value that people derive from consuming a resource, while non-use value is the value that people derive from owning a resource

Use value is the value that people derive from the current use of a resource, while non-use value is the value that people derive from the potential future use of a resource

Use value is the value that people derive from the tangible benefits of a resource, while non-use value is the value that people derive from the intangible benefits of a resource

The maximum amount of money that a person is willing to pay for a good or service

The minimum amount of money that a person is willing to accept for a good or service

The average amount of money that people are willing to pay for a good or service

The amount of money that a person actually pays for a good or service

The sum of the use value and non-use value of a resource

The sum of the market value and non-market value of a resource

The sum of the direct value and indirect value of a resource

The sum of the tangible value and intangible value of a resource

To identify and assess the potential environmental impacts of a proposed project

To develop mitigation measures to minimize the environmental impacts of a proposed project

To obtain public input on the environmental impacts of a proposed project

To determine whether a proposed project should be approved or not

The amount of land and water required to produce the resources and absorb the waste generated by a population

The amount of land and water required to support a population at a given standard of living

The amount of land and water required to produce the food and fiber consumed by a population

The amount of land and water required to provide the energy used by a population

A measure of economic growth that takes into account the environmental impacts of economic activity

A measure of economic growth that is adjusted for inflation

A measure of economic growth that is based on the value of natural resources

A measure of economic growth that is based on the value of environmental services

The consumption of goods and services that meet the needs of the present without compromising the ability of future generations to meet their own needs

The consumption of goods and services that are produced in a sustainable manner

The consumption of goods and services that are made from recycled materials

The consumption of goods and services that have a low environmental impact