Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Functions of the Environment
![of
er
in
he
ur
ca
To
of
d
e
=t
d
1
the environment.
A study of the environment then calls
for a study of the inter-relationship
between these biotic and abiotic
components of the environment.
Functions of the Environment: The
resources.
t
environment performs four vital Q
functions (iit supplies resources:
resources here include both renewable
and
non-renewable
Renewable resources are those which
can be used without the possibility of
the resource becoming depleted or
exhausted. That is, a continuous
supply of the resource remains
available. Examples of renewable
resources are the trees in the forests and
the fishes in the ocean. Non-renewable
resources, on the other hand, are those
which get exhausted with extraction
and use,, for example, fossil fuel (ii) it
assimilates waste (iii) it sustains life by
providing genetic and bio diversity and
(iv) it also provides aesthetic services
like scenery etc.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1b6c0600-c029-4d5f-871b-1f46a5d17451%2F74248dec-4421-4a4a-b700-f44f9cdfeb12%2Flwy2ct_processed.jpeg&w=3840&q=75)
Transcribed Image Text:of
er
in
he
ur
ca
To
of
d
e
=t
d
1
the environment.
A study of the environment then calls
for a study of the inter-relationship
between these biotic and abiotic
components of the environment.
Functions of the Environment: The
resources.
t
environment performs four vital Q
functions (iit supplies resources:
resources here include both renewable
and
non-renewable
Renewable resources are those which
can be used without the possibility of
the resource becoming depleted or
exhausted. That is, a continuous
supply of the resource remains
available. Examples of renewable
resources are the trees in the forests and
the fishes in the ocean. Non-renewable
resources, on the other hand, are those
which get exhausted with extraction
and use,, for example, fossil fuel (ii) it
assimilates waste (iii) it sustains life by
providing genetic and bio diversity and
(iv) it also provides aesthetic services
like scenery etc.)
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