Difference Between Ecology And The Environment

Ecology or Ecological thinking underlines the interrelationship of the human and natural environments. It has recently been applied to ethical concerns over the human use of resources, and the disposal of by-products and wastes.42 On the other side traditional economic theory assumes no scale limits to the economy. The environment is considered to be part of the larger economic system. Environmental and resource economics are subsets of economics. Agriculture, forests, fisheries, and ecosystem services are viewed only as subsets of the larger economy.43 Eventually, it can be said the term ecology has a mutual interrelationship with the term economy, as well as they both together play vital roles for the environment. There have some real importance to think about the combination among them because they both carry fundamental values for each other. The mutual understanding about the growth, decline, differences and values are vital facts for being an ethical and effective combo as ‘‘Ecological Economy’’, which can be defined in further as a Sustainable economy or Green economy.
The differences between ecological and economic values relate to the relative abundance of ecosystem services within naturally functioning ecosystems and economies. Clearly, a service can be more abundant or scarce in one than …show more content…
Next to that the UN appointed World Commission for Environment and Development (WCED) as an independent body to analyze the incompatible nature of the environment development relationship. A central ideal was that of sustainable development that meets the needs of the present without compromising the ability of future generation to meet their own