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Environmental degradation is damage to a local or global ecosystem, or the biosphere as a whole, due to human activity. It occurs when nature's resources (such as trees, habitat, earth, water and air) are being consumed faster than nature can replenish them.

Privatization (alternately "denationalization" or "disinvestment") is the transfer of property or responsibility from the public sector (government) to the private sector (business). The term can refer to partial or complete transfer of any property or responsibilty held by government. A similar transfer in the opposite direction could be refered to the nationalization or municipalization of some property or responsibility.

The term was coined in 1948 and is thought to have been popularized by The Economist during the 1980s. The term also has been used to describe an unrelated, nongovernmental interaction involving the buyout, by the majority owner, of all shares of a holding company's stock- privatizing a publicly traded stock.

2006-08-16 05:32:04 · answer #1 · answered by athene 2 · 0 0

It is when people try and make a profit off of the environmental degradation of an area or community...like 3rd world countries, that are in need of clean water. If a water treatment company comes in and takes advantage of a bad situation and sets up a monopoly by charging what they want...it benefits no one but the one who holds the upper hand...it is almost like piracy. Besides 3rd world countries are called 3rd world for a reason, they are in need of help...you cannot help them or fix their problems by profiting on their misfortune.

2006-08-16 12:33:56 · answer #2 · answered by Tanya N (thesingingbeaner) 3 · 0 0

I'll let you do your own homework.

2006-08-16 12:26:40 · answer #3 · answered by Robby216 4 · 0 0

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