What is the best definition of market environmentalism?
A) Regulating the distribution of water through market mechanisms.
B) Environmental goods will be more efficiently used if we treat those goods as commodities and allow the market to drive up their prices.
C) Higher prices will create incentives in households and businesses to manage water costs through efficiency gains.
D) All of the above.

Question

Quizplus · Accepted Answer

Market environmentalism is the concept that environmental goods, such as water, can be more efficiently used and conserved if they are treated as commodities and allowed to be regulated through market mechanisms. This approach suggests that by allowing the market to set prices, it will create incentives for more efficient use and conservation of resources, as all the options provided (A, B, and C) are aspects of this overarching idea.

What Is the Best Definition of Market Environmentalism