as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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describe the history and current application of genetic engineering
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genetic engineering is the manipulation of an organism's genetic material to manipulate its characteristics. it has been used for centuries through methods such as animal and plant breeding, but modern genetic engineering techniques allow more precise manipulation of the genome. techniques such as gene editing and gene splicing are used to insert, delete, and modify genetic material, and are used to create genetically modified organisms (gmos). genetic engineering is used in a variety of applications, including agriculture, pharmaceuticals, and biotechnology.
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