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Liebig's law of the minimum, often simply called Liebig's law or the law of the minimum, is a principle developed in agricultural science by Carl Sprengel (1840) and later popularized by Justus von Liebig. It states that growth is dictated not by total resources available, but by the scarcest resource (limiting factor). The law has also been applied to biological populations and ecosystem ...
Thermoeconomics, also referred to as biophysical economics, is a school of heterodox economics that applies the laws of statistical mechanics to economic theory. [1] Thermoeconomics can be thought of as the statistical physics of economic value [2] and is a subfield of econophysics. It is the study of the ways and means by which human societies procure and use energy and other biological and ...
Limiting factor. A limiting factor is a variable of a system that causes a noticeable change in output or another measure of a type of system. The limiting factor is in a pyramid shape of organisms going up from the producers to consumers and so on. A factor not limiting over a certain domain of starting conditions may yet be limiting over ...
Ecological economics, bioeconomics, ecolonomy, eco-economics, or ecol-econ is both a transdisciplinary and an interdisciplinary field of academic research addressing the interdependence and coevolution of human economies and natural ecosystems, both intertemporally and spatially. [ 1 ] By treating the economy as a subsystem of Earth's larger ...
Planetary boundaries. Visualizations of the Planetary Boundaries; data for September 2023 [1] Planetary boundaries are a framework to describe limits to the impacts of human activities on the Earth system. Beyond these limits, the environment may not be able to self-regulate anymore. This would mean the Earth system would leave the period of ...
Green growth. Green growth is a concept in economic theory and policymaking used to describe paths of economic growth that are environmentally sustainable. [1] It is based on the understanding that as long as economic growth remains a predominant goal, a decoupling of economic growth from resource use and adverse environmental impacts is required.
Reductionism is any of several related philosophical ideas regarding the associations between phenomena which can be described in terms of simpler or more fundamental phenomena. [1] It is also described as an intellectual and philosophical position that interprets a complex system as the sum of its parts. [2]
Carrying capacity. The carrying capacity of an environment is the maximum population size of a biological species that can be sustained by that specific environment, given the food, habitat, water, and other resources available. The carrying capacity is defined as the environment 's maximal load, [clarification needed] which in population ...