Pollution permits are said to be a market-oriented strategy


Question: Pollution permits are said to be a "market-oriented" strategy for solving environmental problems. What is meant by characterizing a strategy as market-oriented?

1. The strategy relies on rigorous enforcement of laws, including jail terms for those corporate officials who violate them

2. The strategy seeks to mobilize public pressure to force polluting companies to change their ways

3. The strategy relies on corporate executives' own sense of responsibility to future generations

4. The strategy creates economic incentives that will have a positive impact on corporate behavior

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: Pollution permits are said to be a market-oriented strategy
Reference No:- TGS02584714

Expected delivery within 24 Hours