The ecological footprint is a general assessement of the population while the ecological footprint per capita means the ratio a country's per capita Footprint to the per capita biological capacity available on Earth.
<h3>What is an Ecological Footprint?</h3>
This is best defined as the impact of human activities which is measured in terms of the area of biologically productive land and water required to produce the goods consumed and to assimilate the wastes generated.
The importance of Ecological Footprint is due to the fact that it does measures the biologically productive area that are needed to provide for everything that people demand from nature such as fruits, vegetables, meat, fish, wood, cotton, fibres, as well as absorption of carbon dioxide from fossil fuel burning and space for buildings and road.
In essence, the ecological Footprint assess how fast or quick the people consume resources and generate waste compared to how fast nature can absorb our waste and generate resources.
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The correct answer is C) reduce the economic hegemony of the global north.
The emergence of the BRICS (Brazil, Russia, India, China, South Africa) countries has the potential to most likely reduce the economic hegemony of the global north.
For many years the northern hemisphere nations such as Western Europe, the United States, and Canada have dominated trade and the economic world in general.
However, experts have considered that the advent of the BRICS (Brazil, Russia, India, China, South Africa) can represent an important block to seriously compete with those northern hemisphere powers due to the size of their markets and cheap labor.
Although those BRICS countries have interesting numbers in Macroeconomy, they still have very poor people that in Microeconomics that contrasts the Macroeconomy scenario.
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The executive committee is often officially responsible for making a company's big decisions while another, unofficial group, led by the CEO, seems to hold the real decision-making power.
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