Lernmaterialien für Economics of Development and Environment an der Leibniz Universität Hannover

Correct

How much bio-productive area [hectare] do we need to produce consumed goods and absorb harmful substances? e.g. of one person, or the citizens of a community, of a city, of a state or of the whole world.

benefit of consuming an additional unit of a good or service that falls on people other than the consumer

• The privat market will reach the efficient outcome on its own
• compare the benefits and costs
• need a legal right who is in advantage

• Individuals
• Clearly defined small groups of individuals

if it is impossible (or extremely costly) to prevent someone from benefiting from it

• The privat market will reach the efficient outcome on its own
• compare the benefits and costs
• need a legal right who is in advantage

• Belong to individuals or small group of people 
• Markets
• rival and excludable

1. Keine Armut
2. Kein Hunger
3. Gesundheit
4. Bildung
5. Geschlechtergleichheit
6. Sauberes Wasser und Sanitätseinrichtungen
7. Bezahlbare und Saubere Energie
8. Menschenwürdige Arbeit und Wirtschaftswachstum
9. Industrie, Innovation und Infrastruktur
10. Weniger Ungleichheit
11. Nachhaltige Städte und Gemeinden
12. Nachhaltiger Konsum und Produktion
13. Klimaschutz
14. Leben unter Wasser
15. Leben an Land
16. Frieden, Gerechtigkeit und starke Institutionen
17. Partnerschaften zur Erreichung der Ziele

• f.e. Fossil fuels such as oil, gas, coal
• can be depleted
• The owner have the choice between using or supplying right now or selling it later for a higher price
• Decision depends on returns on the stock exchange