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What is Biodiversity and discuss the importance of diversity?

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Biodiversity is a system in constant evolution, from a view point of species, as well as from view point of an individual organism. 

Importance of bio-diversity are: 

(a) Ecological: Species of many kinds perform some function or the other in an ecosystem. every organism, besides extracting its needs, also contributes something of useful to other organisms. Can you think of the way we, humans contribute to the sustenance of ecosystems. Species capture and store energy, produce and decompose organic materials, help to cycle water and nutrients throughout the ecosystem, fix atmospheric gases and help regulate the climate. 

(b) Economic: Some of the important economic commodities that biodiversity supplies to humankind are: food crops, livestock, forestry, fish, medicinal resources, etc.

(c) Scientific: Biodiversity is important because each species can give us some clue as to how life evolved and will continue to evolve. Biodiversity also helps in understanding how life functions and the role of each species in sustaining ecosystems of which we are also a species.

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