Chapter 1, Problem 9CR

To determine

The effects of environmental and health problems faced by the people if the harmful environmental and health costs of production are excluded from the prices of goods and services. The link between government subsidies, resource use, and environmental degradation. The two possible ways to include the harmful environmental and health costs of the goods and services in their market prices. The enhancement in the environmental problems faced by the people due to lack of knowledge about nature and the necessity of natural capital and increase in isolation from nature as well. The meaning of the terms environmental worldview and environmental ethics. The differences between the planetary management, stewardship, and environmental wisdom worldviews.