Bio1110 Chapter 4 Environmental Economics and Consumption
  1. Our Earth consists of interlinked systems that interact in complex, multifaceted ways, and provide valuable ecosystem services that are worth preserving.
     
  2. Human impact on the environment can be estimated by the ecological footprint which is primarily affected by the IPAT equation.



     
  3. Much of our goods and services contain hidden costs that are passed on to society and future generations.


     
  4. Smart management of our ecological capital helps preserve natural resources.