What is the primary purpose of biotechnology in the economy?

What is the primary purpose of biotechnology in the economy?

Step 1: Understand what biotechnology is. It is the use of living organisms or their parts to create products or processes.
Step 2: Recognize that biotechnology is used in various fields, including agriculture, medicine, and industry.
Step 3: Focus on agriculture, which is a major area where biotechnology is applied.
Step 4: Learn that one of the main goals of biotechnology in agriculture is to improve crop yields and resistance to pests.
Step 5: Understand that genetic modification is a technique used in biotechnology to enhance the traits of plants.
Step 6: Conclude that the primary purpose of biotechnology in the economy is to increase agricultural productivity.

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