Genetic diversity refers to the variety of different genetic characteristics within a species, population, or group of organisms. It is crucial for the long-term survival and adaptability of a species because it allows for a wide range of traits and characteristics that can help organisms better cope with changing environments, diseases, and other challenges. Genetic diversity is influenced by factors such as mutations, gene flow, genetic drift, and natural selection. It plays a key role in the health and resilience of populations and ecosystems.