"In 1967, the American alligator was listed as an endangered species (under a law that preceded the Endangered Species Act of 1973), meaning it was considered in danger of extinction throughout all or a significant portion of its range.
However, the creation of large, commercial alligator farms contributed significantly to saving alligators in the U.S.. Alligator farming is a big and growing industry in Georgia, Florida, Texas and Louisiana, and these states produce a combined annual total of some 45,000 alligator hides.
Florida has 2 million wild alligators. In fact, there are so many wild alligators in Florida that state officials have lifted the ban on alligator hunting, and they now have an 11-week hunting season each year"
"Bottom Line: Private property rights, commercial farming, and the commercial sale of alligator meat and hides was largely responsible for the full recovery of the American alligator and helped save it from extinction. The same approach could help save tigers (see recent CD post), elephants and rhinos, or any other endangered species."