The type of interaction that occurs when two species compete for the same resource is known as interspecific competition. This competition can arise over various resources, including food, water, space, or mates and can significantly influence the population dynamics of the competing species. Interspecific competition often leads to adaptations in behavior, morphology, or reproductive strategies as species evolve to minimize competition. Over time, this pressure can result in niche differentiation, where species develop unique behaviors or preferences to coexist and reduce competition, thus fostering biodiversity.