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Probit regression: Potatoes
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| bet | 19/25 | | Sana | 10.04.2017 | | Hajmi | 235.5 Kb. | | #4028 |
Financial Impact
Genetically modified plants have reduced the cost of food production, which means lower food prices, and that can help feed the world. In America, lower food prices help decrease the number of hungry people and also lets consumers save a little more money on food. Worldwide the number of hungry people has been declining, but increased crop production using GM technology can also help further reduce world hunger.
Environmental Impact
GM technology has produced new methods of insect control that reduce chemical insecticide application by 50 percent or more. This means less environmental damage. GM weed control is providing new methods to control weeds, which are a special problem in no-till farming. Genetic modification of plants has the potential to be one of the most environmentally helpful discoveries ever.
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