Consumptive use values, Biology

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This means the non-market value of natural products such as firewood, game and fodder that do not pass through a market or product preparation. Indigenous people in developing countries still basically rely on wild and traditionally cultivated plant species to supply a wide range of their needs in terms of food, fibre, skins and feathers for clothing, fuelwood, wood for houses, medicinal plants, etc. The products of subsistence hunting and gathering go largely unmarketed, but although these resources have no financial value, as they are not sold and have no cash price, they do have economic value as they are of importance to society.


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