Amazon Vocab
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Agroforestry
Farming practice that combines trees and shrubs with crops or livestock to create a more sustainable and productive ecosystem.
Beneft–cost analysis
An economic method for weighing the pros and cons when valuing a product or service.
Biodiversity
The number of species in a given area.
Biomass
The amount of matter stored in living organisms.
Bioprospecting
Search for new drugs and resources in nature, particularly from plants, animals, and microorganisms
Consumptive Use Value
Price for products or services that are extracted from the environment (timber, water, fish, fruit, hunting licenses, camping fees).
Ecosystem
The interaction of organisms and their environment.
Ecotourism
Tourism industry where national and foreign citizens visit natural areas, such as a national park.
Existence Values
Existence values are the worth people assign to a resource just because it exists, like valuing endangered species without direct interaction.
Hectare
A unit of area equal to 10,000 m².
Mahogany
A commercially valuable rainforest tree species.
Nonconsumptive Use Values
Benefits gained from resources without depleting them, like eco-tourism or wildlife watching.
Slash-and-Burn Agriculture
Cutting and burning vegetation for farming. While it temporarily enriches soil, it can cause deforestation and soil degradation, especially in areas like the Amazon rainforest.
Stumpage
The price of buying the rights to cut a tree on privately owned land.
Teak
A commercially valuable rainforest tree species.
Travel Costs
The amount of money people spend to visit natural areas like national parks.