| − | '''Endangered species''' are a [[species]] that is threatened with [[extinction]] either by excessive [[hunting]] or [[habitat]] destruction. | + | '''Endangered species''' are a [[species]] that is threatened with [[extinction]] either by excessive [[hunting]] or [[habitat]] destruction. Allowing private owners to sell animals for food or tourism saved the [[rhino]] and the [[elephant]] in [[Africa]], and the [[bison]] in America.<ref>[http://www.acsh.org/factsfears/newsID.1217/news_detail.asp]</ref> Long-term investment is encouraged by the existence of a stable and favorable regulatory environment in which the investment is not constantly in danger of being confiscated. Thus, investment in private animal habitats is discouraged by government regulations banning the private possession of endangered species. |