Sustainable forest management and lumber market value

worth of any substance is evident when its supply has diminished. The supply and demand factor has influenced the financial worth of the product with the passage of time, irrespective of the fact that either of the factor gets constant, the proportion of the other factor is expected to influence the economic worth of the product. In the given case, the worth of the lumber shall be approximated on the basis of the demand factor, the supply factor also contributes significantly towards the economic worth of the product, but the worth shall not be developed through unethical and immoral attitude.

The content has described a situation in which the worth of the lumber has been achieved through destruction of the forest. The idea is not favorable neither encouraging, rather certain other measures shall be considered to influence the financial worth of the product. The taxation policy, policies which shall restrict the chopping of the tree and the numbers shall be limited and estimated on the basis of the market values. The wood manufacturing companies and choppers shall be taken into confidence to explore several other favorable options, because the option of fire spread will make the organization and government lose good number of trees in exchange for short-term monetary objective, whereas the long-term consequences of such measures are drastic and uncontrolled. The financial worth of the product that is aimed to be achieved through fire spread will cause irreparable damage to the environment of the region in particular, and the world in general, which will subsequently incite instability. The value of the lumber can be distorted through several other considerable options, all such options shall be discarded which are responsible for the considerable damage to the environment or any other activity which has economic potential. Considering the fire spread option, it can be expected that such measure will develop negative consequences over the performance and development expected and achieved in other sectors, including tourism, and agricultural activities.

The factor of elasticity can be ensured and adopted through different techniques, and such measures shall never influence the performance and growth of the corresponding fields. The restriction shall be applied over the chopping of the lumber, and for that purpose severe regulations shall be approved by the respective government. The chopping of trees if controlled and restricted to severe and extreme level can influence the market price of the product. Beside such measures will restrict the employment opportunities; however the stable forestry industry will ensure sustained and stable employment opportunities to the local population, beside it will offer regular and stable local and foreign revenue to the government of the respective country.