The significance of the concept of carrying capacity in ecology refers to the maximum population size of a species that an environment can sustainably support without degrading the habitat. It incorporates the availability of resources, such as food, water, and shelter, as well as the impact of environmental factors and interspecies relationships. Understanding carrying capacity is critical for managing wildlife populations, conservation efforts, and sustainable resource use, as exceeding this capacity can lead to resource depletion, habitat destruction, and species decline.