Exam 12: Inequality and Growth: Prosperity for All Part IV: Shifting the Focus to Results

In the context of measuring "development", what does the HDI stand for?

The wealth of a country is directly correlated to its level of happiness, well-being, and life expectancy (thus the wealthiest is the happiest and has the longest life expectancy).

This concept speaks to the fact that having more of something eventually provides less additional satisfaction:

Define the Happy Planet Index.

Conspicuous consumption was a term coined by Thorstein Veblen in 1899.

Which book warned about the "limits" and dire consequences of constantly expanding growth and GDP and stressed the consequences on our stocks of natural capital?

Which of the following is an example of environmental racism:

Describe the Human Development Index.

Which of the following is an example of planned obsolescence?

Describe negative vs. positive justice.

Do pro-growth economic policies benefit the poor? Reference Chapter 12

What conditions would have to be met for an economy to grow indefinitely? In such a scenario, would our happiness and well-being increase indefinitely too?

Environmental justice is the ethical principle that all are entitled to live in a healthy environment and community.

The Kyoto Protocol is an international agreement (UN Convention on Climate Change) that sets target levels for GHG among industrialized countries with 37 signatories, including the U.S.

What is meant by a "post growth" society? Reference and cite the economists and economic rationale that led to this thinking.

As long as we create waste, we are going to have to put that waste somewhere. How do we keep that waste from findings its way into the backyards of any marginalized populations?

What is environmental justice? What is environmental racism? Reference the chapter in your explanation of both.