Market and Politics: Issues with Genetically Modified Organisms

Running head: MARKET AND POLITICS
Market and Politics
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MARKET AND POLITICS
Table of Contents
Introduction................................................................................................................................2
Scope..........................................................................................................................................2
Scale...........................................................................................................................................3
Market feasibility.......................................................................................................................4
Political aspects of the genetically modified organisms............................................................6
Recommendations......................................................................................................................7
References..................................................................................................................................8

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MARKET AND POLITICS
Introduction
People have been trying to alter the animals and the plants for several years through
the old and traditional breeding techniques. Recently, the developments in the genetic
engineering have assisted the researchers to incorporate accurate changes into the organism
through the insertion of new genes into an organism. The genetically modified organisms are
the agricultural plants that are the most cited examples. There are some inherent benefits of
genetically modified food crops like greater food security, disease and pest resistant crops,
reduced costs of the drug or food production. Certain crops that have already been genetically
modified are plum, canola, corn and soybean. There are different types of the industries that
benefit from the genetically modified organisms. For instance, microorganisms are under
research that can be used as bio degraders and also will be able to produce clean fuel
(Nature.com. 2018). This study is based on the genetically modified organisms and the
various issues that are arising in the in the market of the genetically modified organism
business field and the associated politics which is preventing it to reach the general mass and
the market.
Scope
The study tries to create a balance between the market requirements and the political
scenario surrounding the use of genetically modified organisms. In the last decade, there has
been increased focus upon the use of genetically modified organisms particularly in the
medicine and the food industry. The genetic mutations caused within a number of species
were used affirmatively for the production of recombinant proteins (Tosun & Schaub, 2017).
As mentioned by Boccia (2015), the recombinant products either found usage in the food
industry or the medicine industry. The dependence upon genetically modified animal
products has been particularly found use in the third world or the developing nations. As