The concept of 'Natural Capital' in environmental economics refers to:
A. Only physical capital produced by humans
B. Only human skills
C. Only financial capital
D. The stock of natural resources and ecosystems that provide goods and services to the economy
Answer: Option D
Solution (By JKSSB Mock Tests)
Natural capital comprises the world’s stocks of natural assets—geology, soil, air, water and all living things—from which humans derive a wide range of ecosystem services.
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