The Effects of Overfishing on Other Wildlife. >The impacts from unsustainable fishing on coral reef areas can lead to the depletion of key reef species in many locations. The bay scallop fishery was once profitable along the Eastern seaboard, but huge population declines in bay scallops from cownose ray predation have rendered the fishery obsolete. But itâs long-term effects are far worse and alarming. This results in the unfortunate loss of fish. Itâs the reason seafood is expected to be depleted from the oceans by 2048. It can have serious effects further up the food chain. Ocean overfishing simply means catching ⦠Therefore, when herring are overfished the cod population suffers as well. 5 The waters of many areas along the coast are now closed to fishing in hopes of a recovery of the bay scallop. Such losses often have a ripple effect, not just on the coral reef ecosystems themselves, but also on the local economies that depend on them. In the past, fisheries did not consider their effects on fish populations and the environment, which led to many populations getting overfished as fishermen exceeded environmental limits to gain a ⦠Otherwise, future generations will only know of the word âfishâ through books and the internet. There would be increased fish farming, because if there is an area that is overfished, the local government may limit or ban commercial fishing. Ocean overfishing is simply the taking of wildlife from the sea at rates too high for fished species to replace themselves. The effects of overfishing start when small fish are removed from the ocean, causing the food chain to get rattled. Overfishing is a result of modern advancements in the fishing industry, prior to techniques such as trawling, dredging, etc. Overfishing is usually brought about by the availability of many fish in the oceans and high demands for fish by the human population. Environmental Impacts of Fishing Overfishing. Despite having one of the most regulated fisheries in the world, Canada has not been immune to the effects of overfishing. Economic and Social Effects. What is Overfishing? Overfishing may have offered short-term solutions to food shortage as well as unemployment in some areas. Our world is a unique environment, in that every living being, plant, and landscape contributes to the overall wellness of the Earth.This is why harmful effects of human waste, production, and consumption can have such drastic effects on certain ecologies and biospheres.. A major concern right now is the problem of overfishing. Overfishing is defined as the taking of fish at too high of a rate for the species to be replenished the next year. Herring is a vital prey species for the cod. The overfishing of a particular species does not just damage the population of that fish alone. Overfishing occurs when humans take fish from the marine and freshwater sources at a rate faster than fish can repopulate. 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