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Research: The Nestle Baby Formula Scandal Was this unethical? https://www.businessinsider.com/nestles-infant-formula-scandal-2012-6#still-third-world-women-yearned-for-westernization-4 CONSEQUENCES OF UNETHICAL OR ILLEGAL PRACTICES UNETHICAL DISPOSAL OF WASTE Most commercial and industrial activities result in waste materials.  The following are a few examples of the  kind of practice a business can choose to adopt that help to reduce pollution and waste: 1. The use of non-biodegradable packaging has increased as a result of globalization. this persists even though pressure groups are continually raising awareness of its harmful effect. A business can pursue a policy of consciously increasing its move towards biodegradable packaging even influencing its suppliers to be aware of the need. 2. Plastic products have been clearly identified as harmful to the environment because they take such a long time to degrade. 3. Companies are encouraged to recycle waste. 4. Some businesses use renewa

  This lesson contains many important terms. Be prepared to make note of them.  SUSTAINABLE DEVELOPMENT Use the video below to write a CLEAR DEFINITION of sustainable development. Then, in your own words, explain why this is important.  Proper Practices in Resource Development Proper practices are to do with managing the safe and sustainable use of resources. This is sometimes referred to as conservation .  Sustainability and conservation are all about making the best use of resources for future generations.  Agricultural Land: Proper and Improper Practices Proper practices ensure that agricultural land is as productive as possible.  For example, ploughing is a great way to conserve water.  Tip: Research now the benefits of ploughing land.  Also, adding organic matter to the soil maintains the levels of plant nutrients and improves soil condition. These techniques can be used to ensure high yields  and improve a country's food security and food self-sufficiency.  Tip:  Research now

  1. What are the three main economic questions? 2. Summarize (with the use of examples) what is a traditional economic system.  3. What is the driving force in a market economy? 4. Why do you think market economies do not truly exist? 5. Explain the government's role in a command economy.  6. Give examples of a command economy.  7. What is a mixed economy? 8. What is the role of the government in a mixed economy?