The term for the variety of life in a specific habitat or ecosystem is biodiversity. Biodiversity encompasses species richness, ecosystem diversity, and genetic diversity, ensuring the stability and resilience of ecosystems. High biodiversity promotes ecological balance, allowing ecosystems to withstand environmental changes and disturbances. It also provides essential services, such as pollination, nutrient cycling, and >climate regulation. Protecting biodiversity is crucial for sustaining natural resources and ensuring the health of our planet.