Sphagnum has considerably more economic value than rest options. It is also known as PEAT MOSS. It has more number of uses and thus has more economic value.
sphagmum is a type of moss...we obtain peat from it which is used as a fuel....also has goos good water holding capacity so packaging materials...besides mild antiseptic properties....called bog moss or cotton moss
species of sphagnum, a moss, provide peat that have long been used as a fuel, and as packing material for trans shipment of living material because of their capacity to hold water.
Because Sphagnum also called peat moss or bog moss has water holding capacity so used as trans shipment of living material and the peat is also used as fuel so it has economic importance . Refer NCERT
because the sphagnum have good water holding capacity so it absorb 16 to 26 time much water than it on weight and due to ite water holding capacity it is used by gardener during transportation of small plant. sphagnum also form peat which is used as fuel and peat is also a good manure.it have also a mild antiseptic so it is used AS SUEGICAL dreasing during WORLG WAR -1