In order to stabilize LDC economies, many third world governments are being told by the IMF , World Bank , and other lenders that they must reduce deficit spending.
Austerity measures result in less government support for health, education, and infrastructure .
The earth's vast array of plant and animal species. Many of the existing plant and animal species have yet to be fully studied and some scientists project that existing species may hold untapped medical or scientific potential. Industrialization and deforestation currently result in the loss and extinction of plant and animal species. The use, creation, or mutation of living organisms to make or improve industrial, agricultural, and medical products. Early examples of biotechnology include breeding plants for specific characteristics and using yeast in bread-baking.