Solution:

1. Biotechnology is a field that involves using living organisms, cells, and biological systems to develop products and technologies that improve human life and the health of our planet.
2. It combines biology with technology to manipulate biological processes for various applications in medicine, agriculture, industry, and environmental management.
3. In medicine, biotechnology is used to create therapies and diagnostics. For example, it enables the production of insulin for diabetes treatment, the development of vaccines, and the creation of advanced diagnostic tools that can detect diseases at an early stage.
4. Genetic engineering, a key component of biotechnology, allows scientists to modify organisms’ DNA to treat genetic disorders or enhance agricultural productivity.
5. In agriculture, biotechnology helps develop genetically modified crops that are resistant to pests, diseases, and environmental conditions. These crops can yield more produce and require fewer chemical inputs, contributing to sustainable farming practices.
6. In industrial applications, biotechnology is used to create biofuels, biodegradable plastics, and other sustainable products that reduce reliance on fossil fuels and decrease environmental impact.
7. Environmental biotechnology focuses on cleaning up pollutants, waste management, and conserving natural resources. Techniques such as bioremediation use microorganisms to break down hazardous substances into less harmful ones.