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Bioeconomy has large variety of definitions. The bioeconomy comprises those parts of the economy that use renewable biological resources from land and sea – such as crops, forests, fish, animals and micro-organisms – to produce food, health, materials, products, textiles and energy.
Organ trade (also known as the blood market or the red market) is the trading of human organs, tissues, or other body products, usually for transplantation. [1] [2] According to the World Health Organization (WHO), organ trade is a commercial transplantation where there is a profit, or transplantations that occur outside of national medical systems.
In a non-agricultural sense, the word "harvesting" is an economic principle which is known as an exit event or liquidity event. For example, if a person or business was to cash out of an ownership position in a company or eliminate their investment in a product, it is known as a harvest strategy.
Harvesting at is also potentially unstable. A small decrease in the population can lead to a positive feedback loop and extinction if the harvesting regime is not reduced. Thus, some consider harvesting at MSY to be unsafe on ecological and economic grounds.
According to the World Health Organization (WHO), illegal organ trade occurs when organs are removed from the body for the purpose of commercial transactions. [19] Despite ordinances against organ sales, this practice persists, with studies estimating that anywhere from 5% to 42% of transplanted organs are illicitly purchased.
This can result in extinction at the population level and even extinction of whole species. In conservation biology, the term is usually used in the context of human economic activity that involves the taking of biological resources, or organisms, in larger numbers than their populations can withstand. [4]
Since the 1980s, the term "poaching" has also been used to refer to the illegal harvesting of wild plants. [ 5 ] [ 6 ] In agricultural terms, the term 'poaching' is also applied to the loss of soils or grass by the damaging action of feet of livestock, which can affect availability of productive land, water pollution through increased runoff ...
The depletion of resources has been an issue since the beginning of the 19th century amidst the First Industrial Revolution.The extraction of both renewable and non-renewable resources increased drastically, much further than thought possible pre-industrialization, due to the technological advancements and economic development that lead to an increased demand for natural resources.