3.2 Resources - Natural Capital

3.2.1 Explain the concept of resources in terms of natural capital and natural income.

3.2.2 Define the terms renewable, replenishable, and non-renewable natural capital.

3.2.3 Explain the dynamic nature of the concept of a resource.

3.2.4 Discuss the view that the environment can have its own intrinsic value.

3.2.5 Explain the concept of sustainability in terms of natural capital and natural income.

3.2.6 Discuss the concept of sustainable development.

3.2.7 Calculate and explain sustainable yields from given data.