Economic Factors determine the production and distribution of goods and the use of income and wealth. What economic factors relate to shark finning and shark products? Most countries are engaged in Shark fin trade. By 2008, the world’s top exporters of shark fins are Spain, Singapore, Taiwan, Indonesia, and United Arab Emirates who exports them to Hong Kong. Most countries have been introduced to a really popular dish called Shark fin soup is considered a traditional delicacy in China. The Chinese beliefs have driven demand for shark fin soup. They are one of the most expensive seafood products in the world, which can cost up to 500 euros or $676 per kilogram. A whale shark pectoral fin can be sold for up to $100,000 US dollars, while a Basking Shark pectoral fin can cost up to $250,000 US dollars. It serves the ...
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In conclusion, Shark finning is more of a disadvantage. The shark fin trade and shark finning contributes billions of money, but in exchange, they eliminate millions of sharks. They great dame our eco-system, and the practice is un-monitored. Some Asian cultures may think that they are beneficial to our health, however they do not contain nutritional value and may even be harmful to us. In my opinion, it is not morally right to kill sharks, or any other species, especially millions and billions of them. The best solution would be to end this method altogether.
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