"Keeping up with the Joneses" is an idiom that illustrates how people join the competition with their peers over the living standards. ... In fact, it is this sort of competition between people on the purely material plane that is largely responsible for keeping the wheels of the global economy moving forward. ... Even though consumer society creates economic prosperity, more opportunities and innovation, in the wider sense it refers to the senseless waste of scarce natural resources and destruction of our ecosystem that might have devastating long-term effects....

• Word Count: 653
• Approx Pages: 3
• Has Bibliography
• Grade Level: Graduate

An externality is an economic effect that results from an economic choice but is not reflected in market prices. ... The Gorgon project will meet the need for clean energy in today's market place; it will enhance energy competition and security of supply in Australia. ... The workforce would also create flow-on economic benefits through spending in the region. ... However, Barrow Island is the only economic location for this facility. ... The development will project National, State and Regional Economic benefits by increasing general economic growth, sustaining regional development and...

• Word Count: 2008
• Approx Pages: 8
• Grade Level: Graduate

Introduction and Background Sustainability is the key feature in management of natural resources, which considers the fuel efficiency, environmental concerns and economic benefits and costs. ... Researchers begin to explore alternatives that can potentially reduce and replace traditional petroleum fuels and establish a more green society as well as promote energy and economic independence. ...

• Word Count: 3194
• Approx Pages: 13
• Has Bibliography
• Grade Level: Graduate