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The failure to halt terrestrial biodiversity loss between 2000 and 2010 was estimated to cost the global economy $500 billion. [55] Continued biodiversity loss and environmental degradation poses a long-term risk to society and the economy, such as by increasing the risk of pandemics, floods, and droughts. [65]
Biobased economy, bioeconomy or biotechonomy is an economic activity involving the use of biotechnology and biomass in the production of goods, services, or energy. The terms are widely used by regional development agencies, national and international organizations, and biotechnology companies.
Alongside the transportation innovations of globalization, the spread of biological technology has allowed the world to enter a new global economy. Because agriculture is such a huge economic sector it is large portion of the economy, and a large portion of that is the production of wheat in the last few centuries. Technically wheat is an ...
Environmental economics is a sub-field of economics concerned with environmental issues. [1] It has become a widely studied subject due to growing environmental concerns in the twenty-first century.
Ecology deals with the energy and matter transactions of life and the Earth, and the human economy is by definition contained within this system. Ecological economists argue that neoclassical economics has ignored the environment, at best considering it to be a subset of the human economy.
Evolutionary economics is a school of economic thought that is inspired by evolutionary biology.Although not defined by a strict set of principles and uniting various approaches, it treats economic development as a process rather than an equilibrium and emphasizes change (qualitative, organisational, and structural), innovation, complex interdependencies, self-evolving systems, and limited ...
However, little literature has considered the link between consumption behaviour and the basics of human biology. Segmentation by biological-driven demographics such as sex and age are already popular and pervasive in marketing. As more knowledge and research is known, targeting based on consumers' biology is of growing interest and use to ...
Degrowth is an academic and social movement critical of the concept of growth in gross domestic product as a measure of human and economic development. [1] [2] [3] The idea of degrowth is based on ideas and research from economic anthropology, ecological economics, environmental sciences, and development studies.