What is the importance of forest as a resource?

Explanation

Forests are renewable resources which provide
(i) habitat, food and shelter to wildlife.
(ii) help in balancing `CO_2 and O_2` of atmosphere.
(iii) improves water holding capacity of soil.
(iv) regulates water cycle.
(v) They provide materials like fuel wood, timber pulp and paper, etc., which are essential for human beings.
(vi) They provides useful products like fruits, resins, gums, essential oils, bidi, cigaratte wrapper, etc., and other livelihood for the local people.