Economic Versus Biological Resources
There are three fundamental differences between economic versus ecological views: 1) the economic resource definition is human-centered (anthropocentric) and the ecological resource definition is nature-centered (biocentric or ecocentric); 2) the economic view includes desire along with necessity, whereas the biological view is about basic biological needs; and 3) economic systems are based on markets of currency exchanged for goods and services, whereas biological systems are based on natural processes of growth, maintenance, and reproduction.
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