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Phylum Coelenterata, which includes cnidarians like jellyfish, corals, and sea anemones, holds significant economic importance due to its contributions to fisheries, tourism, and marine ecosystems. Coral reefs, formed by these organisms, support diverse marine life and attract tourism, providing livelihoods for many coastal communities. Additionally, jellyfish and other cnidarians are harvested for food and traditional medicine in various cultures. Their ecological roles also help maintain the health of marine environments, which are vital for global economies reliant on seafood and coastal resources.

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