Answer:
The principle of discounting refers to the idea that people tend to place less value on future outcomes as compared to immediate ones. In the context of marine resources, this means that people tend to prioritize immediate benefits over long-term sustainability. They may overuse marine resources like fish or shellfish in the present, without considering the long-term consequences of this depletion on the environment, the economy, or even their own future food security. The immediate benefits of overfishing, such as increased income or food availability, are seen as more important than the potential costs that may be incurred in the future, such as reduced fish populations, damaged ecosystems, or economic losses. This tendency to discount future consequences can lead to the rapid depletion of marine resources and the collapse of fisheries. Therefore, understanding the principle of discounting is important for policymakers and resource managers in developing strategies that can help ensure the long-term sustainability of marine resources.
Step-by-step explanation: