Question

Prepare a short note on different types of economically important plants.​

Answer 1

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☑ Tulsi, Neem, Turmeric etc. Wood giving plants : The wood of the plants, is widely used for making furnitures and even used as a source of fuel. Also there are extremy valueable woods like sandalwood, mahogany wood etc. The plants which produce these usable woods are also economically important.

☑ People depend upon plants to satisfy such basic human needs as food, clothing, shelter, and health care. These needs are growing rapidly because of a growing world population, increasing incomes, and urbanization . Plants provide food directly, of course, and also feed livestock that is then consumed itself.

☑ Economics is important you get to know how societies, governments, businesses, households, and individuals allocate their scarce resources. The economics can also provide valuable knowledge for making decisions in everyday life.

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