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AP Microeconomics
Unit 1 – Basic Economic Concepts
Topic 1.1
What is the trade-off when a society prioritizes economic growth over environmental protection?
Equal allocation of resources
Decreased production and income
Increased pollution and negative externalities
Enhanced environmental quality
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AP Microeconomics - 1.1 Basic Economic Concepts: Scarcity
Key terms
Economic Growth
Trade-off
Environmental protection
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About Fiveable
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CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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