Final answer:
Taxonomy in biology categorizes organisms systematically, aiding in evolutionary understanding and biodiversity assessment.
Explanation:
Taxonomy is crucial in biology as it provides a systematic way to classify organisms based on shared characteristics, aiding in understanding evolutionary relationships and biodiversity. Carl Linnaeus' binomial nomenclature system, such as 'Homo sapiens,' is a fundamental aspect of taxonomy. Taxonomy also helps scientists make sense of the vast diversity of life on Earth by grouping organisms into hierarchical taxa.
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