OBJECTIVE LIFE SCIENCE
BIOTECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Over the next years, job growth in North Carolina’s biotechnology industry is expected to:
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Increase by over 80, 000 people.
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Increase by 50 people.
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Remain essentially the same.
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Actually decrease in most communities.
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Explanation:
Detailed explanation-1: -North Carolina’s agricultural feedstock and industrial biosciences sector generates $7.3 billion in economic activity and supports 14, 000 jobs.
Detailed explanation-2: -Automation and data-driven processes are increasingly being incorporated into biotechnology, and anticipated to radically improve the predictability and reproducibility of research and manufacturing outcomes by 2040.
Detailed explanation-3: -The global biotechnology market size was estimated at USD 1, 023.92 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 13.9% from 2022 to 2030.
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