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REM 100 FINAL Exam Questions With Correct Answers

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REM 100 FINAL Exam Questions With Correct Answers Dominant Social Paradigm - answer• Definition: The most widely held set of beliefs, values and ideals that guide thinking about society, governance, and the role of individuals. • Organizes the way people perceive and interpret the functioni...

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  • October 21, 2024
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  • Exam (elaborations)
  • Questions & answers
  • REM 100
  • REM 100
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©SIRJOEL EXAM SOLUTIONS
12/3/2024 11:27AM



REM 100 FINAL Exam Questions With
Correct Answers

Dominant Social Paradigm - answer✔• Definition: The most widely held set of beliefs, values

and ideals that guide thinking about society, governance, and the role of individuals.

• Organizes the way people perceive and interpret the functioning of the world around them.


Dominant Social Paradigm of Western Societies - answer✔- democracy, acceptance of regulated

capitalism, individualism, economic growth, the notion of progress, faith in science and

technology, domination towards the environment




• The dominant social paradigm manifests itself in the totality of our institutions.

- Institutions are not defined as organizations per se, but more broadly as a set of rules and norms

that govern the behaviour of individuals and organizations in the system.


Institutions versus Organizations - answer✔Institution: The accepted rules, norms and strategies

adopted by individuals operating within or across organizational settings (Ostrom, 2008).

Canada's Constitution and political system set up under its term - Federalism - Legislative

process - Rights and responsibilities of citizens

, ©SIRJOEL EXAM SOLUTIONS
12/3/2024 11:27AM


Organization: An organized entity/body of people with a particular purpose

Parliament of Canada People - Senate and House of Commons - Personnel (e.g., senators,

members of parliament, supporting staff, etc.) Purpose - Govern Canada by making laws, setting

taxes and authorizing spending




"We often say that institutions are the rules of the game and organizations are the players in these

institutions"


Purpose / Role Institutions ... - answer✔• ... are sets of expectations or norms that pattern human

behavior.

• ... structure social order (authority).

"Institutions are the rules of the game in a society or, more formally, the humanly devised

constraints that shape human interactions."




Key Characteristics

• Can be formal and/or informal (can be imposed or emerge from society itself)

Example of Written Institutions

Canada's Constitution Act, 1982 Relevance to REM: Federal and provincial governments are

granted different legislative jurisdiction over natural resources and the environment

, ©SIRJOEL EXAM SOLUTIONS
12/3/2024 11:27AM




Institutional and Financial Arrangements for Intern. Environ. Cooperation

• Established in 1972 after the UN Conference on Human Environment (Stockholm Conference)

• Foundation for UNEP, a global environ. authority that has overall responsibility for

environmental programs among United Nations agencies

• Has aided guidelines and treaties on issues such as international trade of potentially harmful

chemicals, transboundary air pollution, and contamination of international waterways.

• Together with the WMO, the UNEP established the Intergovernmental Panel on Climate

Change (IPCC)

• Talks on climate change are overseen by the UN Framework Convention on Climate Change

(UNFCCC)




Examples of Informal/Unwritten Institutions

• Informal rules among a group of resource users (e.g., fishermen)

• Culturally appropriate behaviour

• Informal rules among a group of resource users (e.g., fishermen)

• Culturally appropriate behaviour

, ©SIRJOEL EXAM SOLUTIONS
12/3/2024 11:27AM


Components of Economic System - answer✔"[W]e often say that institutions are the rules of the

game and organizations are the players in these institutions."




Organizations

- Businesses

- Buyers

- Producers

- Customers

- Sellers

Institutions

- Rules that determine how these players interact




Economics = is the social science that seeks to describe the factors which determine the

production, distribution and consumption of goods and services.


Environmental economics - answer✔is a sub-field of economics that is concerned with

environmental issues.

• Market failures

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