Question

Explain the economic benefits of forests.​

Answer 1

Forests have several positive impacts and benefits not only naturally but also economically

1. Forests basically are large patches of land that are very fertile usually. A large number of trees, plants, shrubs, bushes etc grow in the forests. There are also several animals living in the forests and they are called wild animals.

2. Forests benefit the economy in two ways. They are directly and indirectly

3. Directly forests benefit the economy by providing employment to approximately 14 to 16 million people

4. Forests also have several trees growing in them which provide timber, rubber and other things for sale which increases profit

5. Indirectly the forests are grazing grounds for cattle which means they provide food to cattle who in turn can raise or give profits

Answer 2

Forests provide natural products that can be used as raw materials and have relative economic value.

Forest meaning and definition:

• Forest is the area that is significantly covered with trees.
• “Land spanning more than 0.5 hectares with trees higher than 5 meters and a canopy cover of more than 10 percent" - The Food and Agriculture Organisation of the United Nations.

Economic benefits of forests:

• Forest provides shelter.
• Forest provides Fuel.
• Forest provides wood and timber.
• It regulates the Earth's temperature which is as important as its economical benefits.