Reference no: EM133615804
Problem
Researchers have attempted to devise a method to place a monetary value on ecosystem goods and services (ecosystem capital). They hope that these efforts will make people aware that: ecosystem goods and services are essential for humans and their economies, the economic value of ecosystem processes is substantial, and sustainably managed ecosystems are a long-term source of income.
Considering the natural world and ecosystem capital as you complete the following:
Question A. Use the Assignment Goods and Services Log Download Assignment Goods and Services Logfor this assignment. Open the blank spreadsheet and log at least six material goods and four services you use or take advantage of in your daily life (e.g., shoes).
Question B. For each material good and service, determine if it is absolutely necessary for survival or if it is just a good or service that you want or would just like to have (e.g., shoes are not necessary for survival).
Question C. Describe where the material good or service comes from in the natural world.
Question D. Explain how a material good is made and include any chemical, energy, transportation, etc. that is involved (hint: think of raw materials or what the good is made of) (e.g., shoes made of raw leather from cowhide).
Question E. Briefly describe the outcome if the ecosystem suddenly ceased to supply the good or service (e.g., assume cowhide is no longer available, then consider the use of other materials, like plastic, to make shoes).