What would an endangered animal that goes extinct have as an impact on the economy?
The extinction of animals can have a profound impact on the economy, considering scientists and engineers find more and more uses for animals and plants everyday.SignificanceAfter estimating in 2010 that at least three species go extinct every hour, the United Nations Environment Programme said that boosting biodiversity can help the global economy.EffectsWhen a species goes extinct, it also impacts up to 30 other species, leading to further extinctions up and down the food chain. If one insect goes extinct, various animals that feed on it, such as a frog or a bat, can go extinct as well.AgricultureFarmers have started using certain breeds of endangered insects to help eliminate crop pests.The extinction of any of these biological controls would have a severe negative impact on the nation’s agriculture.MedicineMedical advances would slow if species went extinct. For example, leatherback turtles have a special property that causes their blood to clot quickly after an injury. Scientists
