Natural Selection

What is Natural Selection?

Natural Selection meaning is defined as the process in which the species that have the special attributes of adapting to different climates and environments are the ones that pass these traits to their successors. In other words, these species are not only capable of surviving the changing weather, but they pass these qualities to the next generation. Natural selection, in biology, refers to the process that results in the growth of the numbers of certain species. Now that the species can adapt to the different environmental conditions, they will multiply themselves through reproduction.

Eventually, these species will outnumber the other species that do not have the traits needed for survival in the changing weather and extreme temperatures. Even though the new species inherit the genes of their parents, they may alter their genetic configuration just so they are able to thrive in the environment. Natural selection is a slow process that occurs over hundreds of years. In some cases, it could occur faster (especially when a particular species reproduce at a rapid pace).

Example of Natural Selection

A common example of natural selection is the English Peppered Moth. Though these peppered moths are available in a wide Range of colors, the most-occurring species were the light gray moth. The reason why they were seen in abundance during the Industrial Revolution era was that these moths had the special ability to camouflage against the lichen. However, the dark-colored moths could not survive long as they were the targets of predators.

During the Industrial Revolution, a large number of moths died because of rising air pollution. The pollution also changed the color of the buildings into black. The gray moths that would use light color lichens to hide had no place to camouflage. As they could not blend themselves in the environment, they were easily caught by the birds and predators. As a result, the species was near extinction. The pollution that had turned the buildings and the surroundings black became a safe place for the dark-winged moths. These species could easily camouflage. That was the reason why a large number of dark-winged English Peppered Moths survived the Industrial Revolution, while their light-winged counterparts faced extinction.

Natural Selection in Financial Context

In Economics, the natural selection represents the ability of the business to thrive in the changing business environment. Only businesses that manage to adapt to these changing financial and Economic Conditions can survive in the long run. If we see it from the business and financial perspective, natural selection implies that only a few companies have the ability and resources to thrive in the complex business environment.

In order to survive the dynamic environment, businesses are supposed to adapt to the trends and latest technology. Those who Fail to adapt to these changes will not be able to survive the competition for long. If a company fails to embrace the change, it might face Bankruptcy. That happens when the Capital of these companies decline and there is nothing left to carry on.