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    Out of the given options, which one is an example of a so-called non-valuated resource?
    Question



    Out of the given options, which one is an example of a so-called non-valuated resource?

    A.

    Biodiversity

    B.

    Land

    C.

    Water

    D.

    Air

    Correct option is A


    Biodiversity is considered a non-valuated resource because it encompasses the variety of life forms — plants, animals, microorganisms — and their ecosystems, which do not have a direct market value in many economic systems. Despite being fundamental for ecological balance, food chains, and overall sustainability of life on Earth, biodiversity is not usually quantified in monetary terms in traditional economic models.
    Information Booster: Non-valuated resources refer to resources that are invaluable in terms of their ecological and life-sustaining roles but are not typically assigned economic value or priced in the market. Biodiversity, although critical, is often neglected in financial systems due to difficulty in assigning a tangible price to species variety, ecosystem services, and genetic resources. However, its indirect value in providing clean air, water, food security, climate regulation, and medicine is immense and irreplaceable.
    Additional Knowledge:
    · Land: A valuated resource, as it is bought, sold, and used for agriculture, housing, and industry.
    · Water: Increasingly valuated and monetized due to scarcity and industrial/agricultural use.
    · Air: While commonly considered a free resource, modern economic systems have begun valuing it in terms of carbon trading and pollution control, making biodiversity a more fitting answer in the context of traditional non-valuation.
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