What is economic importance of fungi and algae - Biology -

Question

What is economic importance of fungi and algae?

Shivali · Accepted Answer

Economic importance of Fungi are:-

Some fungi are saprophytic in nature i e act as scavengers and
carry out decomposition of dead plant and animal This results in
the release of carbondioxide which is used by plants to carry out
photosynthesis
Some species of fungi are useful in the production of
antibiotics For example- Peicillium notatum is used for the
production of antibiotic penicillium
Few fungi are the edible thus, good source of food For example-
mushroom

Economic importance of algae:-

Due to high content of nitrogen,phosphorous & many other
nutrients, it is used as manure at different places
In somes countries , algae is consumed as food
As they are photosynthetic, it contributes large amount of
oxygen in atmosphere