Unit 7: Lesson 44 - World Environmental Issues: Is the Market at Fault?
Students study for short case studies. They identify similarities and differences across these five case studies. After noting this information, they assess several environmental policy solutions. They must decide which policies set up incentives that encourage good stewardship of the resources.
- Tragedy of the Commons
- Standard #1: Scarcity
- Standard #4: Incentives
- Standard #8: Role of Prices