The term for the variety of different species in a given area is known as biodiversity. Biodiversity encompasses the range of genetic variation within species, the variety of ecosystems, and the richness of species present in a particular environment. High biodiversity is crucial for ecosystem stability, resilience, and the provision of ecosystem services, such as pollination, nutrient cycling, and habitat preservation. Conservation efforts focus on maintaining biodiversity to support ecological balance, as it plays a significant role in the health of both natural and human-altered environments.