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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

What are environmental goods? Give examples. - Economics

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Question

What are environmental goods? Give examples.

Answer in Brief

Solution

Environmental goods are typically non-market goods, including clean air, clean water, landscape, green transport infrastructure (footpaths, cycleways, greenways, etc.), public parks, urban parks, rivers, mountains, forests, and beaches.  Concerns with environmental goods focus on the effects that the exploitation of ecological systems has on the economy, the well–being of humans and other species, and on the environment.

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Meaning of Environment
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Chapter 10: Environmental Economics - Model Questions [Page 235]

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Samacheer Kalvi Economics [English] Class 12 TN Board
Chapter 10 Environmental Economics
Model Questions | Q 24. | Page 235
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