According to Ricardo, rent entails the amounts paid to landlords following the utilization of the indestructible and original components of the soil. On the other hand, there has been a rising trend of privatizing scarce water resources around the world (Glennon, 2004). The theory brought forth by Ricardo has been...
Words: 2162
Pages: 8
In the context of the Australian economy, livestock industries are regarded as the most viable economic industry. For instance, in the year 2008, the gross value of the livestock economy was projected at AUD 19.7 billion including AUD 14 billion as export earnings (Abare, 2008). Australia is the world largest...
Words: 1618
Pages: 6
How Has Climate Change Changed the Way We Understand the Relationship Between Economic Growth and Development? Global warming continues to impact the economies of countries in the world adversely. However, different nations face varying degrees of economic turmoil depending on the financial stability of the said state. Leading economists have been...
Words: 2482
Pages: 10
Common Property and its Role in Addressing Common Problems Common property refers to items, equipment, or property that has two or more owners. Goods from the natural environment, such as oceans, wilderness, and the atmosphere, are also termed as common property. In the past three decades, there has been a significant...
Words: 1139
Pages: 5
Open communication between the employer and employees in an organization contributes to worker productivity. Productivity is often slowed by employers every time they notice the mistake and do not communicate it to the authority. The setting of performance measures, targets, motivations, and remuneration increase employee productivity. Managers in an organization...
Words: 358
Pages: 2
The impact of human food production and consumption behaviors on the planet has formed the basis of numerous debates of the 21st century. Humans, plants, as well as animals, have experienced the harsh effects of environmental degradation in the past years as a result of the increase in animal and...
Words: 2043
Pages: 8
A sustainable society can continue indefinitely as its consumption level reflects environmental and resource balance. Therefore, it should ensure that there is equality, freedom, and a good standard of living to all its citizens. Moreover, a sustainable society focus on the present and future well-being of its people. The pursuit...
Words: 889
Pages: 4
Carbon Monoxide exists as a colorless and unscented gas. Exposure to Carbon Monoxide(CO) can be fatal to human beings. Haemoglobin found in human red blood cells forms a stable compound with Carbon Monoxide thus inhibit transport of oxygen. Victims of Carbon Monoxide exposure may experience general weakness, nausea, headache, and...
Words: 345
Pages: 2
Acid Rain Formation Acid rain is mostly formed from the spontaneous chemical reaction between naturally occurring dioxides of sulfur and nitrogen (SO2 & NO2) in precipitation and oxygen and/or atmospheric water. The reaction produces sulfuric and nitric acids, respectively, which are further transferred to the soil and downstream through the wet...
Words: 1164
Pages: 5
The proponents of nuclear energy state that it is a cleaner and more sustainable option to burning fossil fuels such as coal and natural gas. This is because these substances do not emit carbon dioxide which translates to the global climate change. Another argument is that it is cost-effective and...
Words: 324
Pages: 2
Green Chemistry and its Application in Radioactive Wastes Green chemistry, by way of definition, refers to the chemical sciences approach that aims to eliminate waste as well as efficiently utilizing renewable raw materials. It avoids the use of hazardous and toxic solvent and reagents in the application and manufacture of chemical...
Words: 629
Pages: 3
Climate Change Climate change is a phenomenon that arises after significant changes in the measures of climate such as rainfall, temperature or wind that have lasted over a long period of time. However, increases in global average temperature are the main cause of climate change (Change n.p). Climate change can be...
Words: 981
Pages: 4