Industry: Chemistry

Sub-sector 1 - Agricultural Chemicals: These play a crucial role in the farm economy and the food processing sector. Thanks to modern agriculture, farmers have doubled the production of world food supplies since 1960, tripled the output of foods like cooking oils and meats, and increased per capita food supplies in the developing world by 25 percent.

Sub-sector 2 - Pharmaceuticals: These include diagnostics, prescription drugs, vaccines, vitamins, and over-the-counter drugs for human and veterinary applications. This sub-sector also includes biotechnology products. Strategic investment in companies, facilities, and research and development is especially important for this sub-sector.

Guiding Questions

You will focus on the following questions in your research and your writing:

• What is the US current GDP?
• How significant is this industry in the US? How much revenue does the industry bring?
• How does my industry affect the US GDP?

Topic Resources:

You may use this as a source or additional research on the internet.

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