While a majority argues about how GMO’s would impact our health or cause harm to the environment by introducing the unknown to it. The reality is that for many GMOs can be prosperous for the economy at a corporate level and at the corporate level. Starting off with how the individual would benefit from GM crops, firstly the individual would at the moment of purchase be saving money by choosing a product that contains GMO’s as they’ll be cheaper than the “organic” competitor due to their low survivability while growing. A second way the individual would benefit financially from the GMO’s is the shelf life and how GMO’s will drastically take a longer time to rotten or expire when compared to their “organic” competitor; a longer shelf life implicating fewer trips to the market and less money being wasted due to food going spoiled.

            The way the economy would benefit from the GMO’s would be as beneficial as it was at the individual level. Beginning with the fact that GM crop can better withstand weather conditions that otherwise it wouldn’t be able opens the possibility of the crop being grown more time that in turn would lead to more harvests and more produce revenue. Evidence for the increased revenue from report findings where farmers who favored the use of GM crop had a net gain of $78.4 billion collectively from 1996 to 2010; a $46.8 billion or 60 percent due to yield gains derived from the reduced cost of production. With the significant profit having a great impact on farmers, it wasn’t the only way that they would prosper as the GM crops’ gene to resist pests and insects also allowed farmers to cut down the use of pesticides by 17.9% and save on what would otherwise be used for pesticide. This reduction in pesticide use is also of importance to the environment as it lessens the amount of the phosphorus found in the pesticide to wash off the crop and end up in a lake where the phosphorus would damage the lake by feeding the growth of excessive algae which would impede the growth of other aquatic plants and consume all the oxygen in the lake, leaving with critical oxygen levels that would in time kill them.

This entry is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International license.