Overview
Trade-offs in environmental policy are essential for balancing economic growth and environmental protection. Policymakers face the challenge of making decisions that benefit society while minimizing harm to the environment. Understanding these trade-offs helps in creating sustainable policies that c...
Key Terms
Example: Sustainable farming practices help preserve the environment.
Example: A country experiencing economic growth may see higher employment rates.
Example: Deciding on a new environmental regulation involves policy decision-making.
Example: Cost-benefit analysis can help determine if a new park is worth the investment.
Example: Environmental impact assessments are required for major construction projects.
Example: Local communities are key stakeholders in environmental policy decisions.