The Biological Species Concept (BSC) is a way of defining species as groups of interbreeding natural populations that are reproductively isolated from other such groups.
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Reproductive Isolation: This refers to the situation where different species may live in the same area, but properties of individuals prevent them from interbreeding.
Population: A group of organisms of one species that interbreed and live in the same place at the same time.
Speciation: The formation of new and distinct species in the course of evolution.