An economic surplus is also known as total welfare. An economic surplus is related to money, and it reflects a gain in the expected income from a product. There are two types of economic surplus: consumer surplus and producer surplus.
A bit academic in terms of style, but accessible, nonetheless! Environmentalism refers to a social movement and associated body of thought that expresses concern for the state of the natural environment and seeks to limit the impact of human activities on the environment.
Individualism is defined as the distinctive qualities that make you who you are, or self-reliance, or a political system that focuses on each person having freedom to act. 1  Your distinctive personality quirks and unique sense of humor are an example of your individualism.