CCT109H5 Lecture Notes - Lecture 9: Tantalum, Environmentalism, Kodak

• School: UTM
• Department: Communication, Culture and Technology
• Course: CCT109H5
• Professor: Brett Caraway

Document Summary

Managing c02 emissions is not the same as decreasing emissions: Economy as an isolated system: household sells labor to firms in exchange for wage/salary and firms produce goods that you consume with the money they paid you. Economy as an embedded system: circle drawn around the firm/household chart, representing waste and natural resources taken into account. Nonrivalrous goods: if i consume it, there"s not one less for you to consume. Mp3 file or software, can copy it infinitely. Externalities (spillovers): the impact that is experienced by a third party not a part of a transaction by 2 people. Positive getting stoned and not paying for it or public education makes good citizens. Kodak: moving away from chemistry and did it on roles of film. Cotton bleached, and washed it in acid to get it off. All use a lot of water from lake ontario. Triacetate & polyester 1950"s: used cotton and silver.