Questions

Frontier Ethic is Spending Earth's assets at the cost of losing resource capital. A frontier ethic assumes that the earth has an unlimited supply of resources. It is the notion of disregarding the Earth for the benefit or gain of man.

If resources run out in one area, more can be found elsewhere or alternatively human ingenuity will find substitutes. This attitude sees humans as masters who manage the planet. It is completely Anthropocentric.

Iteration means doing something again and again, repeatedly,... 

Hence, looping is a process of repeating a method and so it is similar in meaning to Iteration.