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What happens when the rate of resource extraction exceeds that of their regeneration?

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When the rate of resource extraction exceeds that of their regeneration, the function, i.e it fails to prefer an important junction ie it fails to sustain life by providing genetic and biodiversity, this results in an environmental crisis. Presently the entire world is facing this situation.

The rising population of the developing countries and affluent consumption and production standards of the developed world have placed a huge stress on the environment. Many resources have become extinct and the wastes generated are beyond the absorptive capacity of the environment.

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