iq3 social economic and cultural

• • Biotechs complex in application and have potential to change society and environment
  • When people make decisions about influence of specific biotech, need to consider needs values and priorities. Point of view may differ person to person
• Social context

  • Physical and social setting in which we live
  • Biotechnological techniques available to society dictated by specific needs of that society and chocies made by government, wealth of indivfuals and economic status of the country
• Economic context

  • potential of biotechnologies to create wealth for some groups or companies with the impacts that competition and additional costs versus returns may have on producers (e.g. farmers) and consumers
• Cultural context

  • the shared meanings, ideas, beliefs and characteristics of the people that make up society
  • T he values, religious and moral beliefs, as well as educational background of a group of people may influence their opinions and whether they are open to using biotechnologies