The Impact of Genomics on the World’s Economy Genomics, the science of manipulating, building, studying, and designing molecules, is going to change the face of the world’s economy as we know it. Companies are rushing to adapt to the rapidly changing economic environment as new discoveries are being made in this field. Genomics has the potential to affect all aspects of every sort of industry. Since genomics deals with things on a molecular level, its technology can be applied to everything, most notably computers, energy, environmental, cosmetics, chemical, food, agricultural, biotech, and pharmaceuticals. The change genomics has made to the economy has already created a whole new economic sector, the life sciences. Genomics technology is developing so rapidly that it appears to be on course to overwhelm current knowledge bases and research and development budgets. To compensate for thi....

Number Of Pages: 3

Number Of Words: 786

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