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The world is priceless to live. But in that sense. Especially when habitable planets have not yet been found outside of it. But the world has a value. Natural resources can be measured in terms of value. Again, the benefits that people get from the world can also be seen as financial value.
Don’t worry, no one is thinking of buying or selling the world. But getting a number in advance can help you understand the price. An article on MentalFloss.com mentions an astrophysicist’s method of calculating the value of the earth.
In that article, Gregory Laughlin, assistant professor of astronomy and astrophysics at the University of California in the United States, states that the earth is worth five trillion or 500 billion pounds. He has calculated it by combining the mass, heat, and age of the earth with many other factors to support life.
Laughlin emphasizes the importance of maintaining life in determining the value of the world. He also tried to show the potential value of other planets in the solar system to understand the importance of the earth. For example, the value of Mars is like an old car to him: roughly $ 18,000. That is more than Venus. Because Venus costs only a penny like Laughlin.
Laughlin just wants to give a theoretical idea of the importance of the only planet inhabited by humans. And as we’ve seen before, the asteroid ‘Sixteen Psyche’ alone will be more valuable than the entire world economy if we want to calculate the value of natural resources.
Source: Mentalfloss.com
