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ECONOMY AND ECONOMIC DIVERSITY

The economy of biodiversity is based on the consideration of the


economic benefits of biodiversity conservation, as well as the
economic cost of its loss or deterioration. In a world traditionally
concerned by the increase in financial resources and not by the
scarcity of natural resources, the impulse of the biodiversity economy
constitutes a fundamental step in preserving natural capital, as a
support for life and Economy

The economy is a social science that studies the relationships that


have to do with the processes of production, exchange, distribution and
consumption of goods and services, understood these as means of
satisfying human needs and individual result and Society's collective.

Integrating biodiversity conservation into economic policies is an


essential element in achieving the long-term sustainable
development goals: on the one hand, the cost of conservation is
much lower than the cost of replenishment, even When this is
possible; On the other hand, we must consider that a proper
management of biodiversity opens a whole line of business
possibilities related to biodiversity perfectly sustainable

CHARACTERISTICS OF THE ECONOMY


The economy is a social science that focuses primarily on human
behavior and the consequences of such behavior are derived for
society.
The economy relates the behavior of the human being to their needs.
One feature of this science is that it refers to economic activity as a
part of human activity, which is aimed at the study of human behavior,
it is limited to the study of the economic part within human behavior.
· The economy is studying the use of scarce resources. The scarcity of
resources is without a doubt the basic data underlying all economic
problems.

ECONOMIC DIVERSITY
is a reliable and productive economic system must aim at satisfying the
needs of the people, through the equitable and ecologically sustainable
use of the resources of the planet, taking into account that they are not
Inexhaustible.

WHAT ROLE DOES ECONOMIC DIVERSITY PLAY?

Diversity is an indissoluble part of sustainability and, as in any other


order, such a principle must also apply to the scope of the economy.
Economic diversity implies varied economic strategies,
economíasdiversificadas (which implies a range of sectors and
economic activities, rather than an economy based on one or two
goods), and different actors within each sector of the economy (i.e., not
monopolies).

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