Alyssa I.

Perez
BSBA FinMgt-1202
Midterm Examination

The Role Of Science and Technology in the Society

As of today, Science along with Technology, has everything to do with us. Science is the
methodical analysis of the physical and natural properties of our surroundings through research
and experimentation. It has altered our beliefs and the way we live our lives. Science has given
mankind the ability to consider topics such as education, justice, and even ethics; to build
civilizations and to improve human conditions by improving our lives. Science must become
more multidisciplinary in order to solve today's problems, and its practitioners must continue to
encourage collaboration and convergence between the social and natural sciences. The
technological innovations of the twenty-first century will arise from completely new industries
focused on microprocessors, telecommunications, biotechnology, and nanotechnology. Products
are changing business practices around the economy, as well as the lives of all those who will
profit from them. The most remarkable breakthroughs will result from the interaction of insights
and applications produced by the convergence of these technologies. Technology is the
application of science to a practical goal. The majority of today's innovations were created to
improve the way we organize, store, treat, interpret, and communicate information. We can live a
comfortable life thanks to the combination of science and technology.

Science and technology are central to our daily lives. They give our thoughts and acts a futuristic
perspective. Science and technology have influenced the medical and agricultural fields as well.
Technology has saved millions of lives by finding treatments for illnesses such as cognitive
enhancement therapies, proton cancer therapy, and genetic engineering. Furthermore, technology
has increased crop production, which has greatly benefited farmers. Science and technology help
to change many aspects of our lives. When we think about it, science and technology have many
advantages. They vary in size from the minor to the major. Furthermore, as we consider the
transportation situation, we can see how science and technology play an important role. We can
now fly to the other side of the globe in a matter of hours, thanks to advancements in technology.
Furthermore, science and technology have allowed man to look beyond our world. The same
science and technology were responsible for the exploration of new planets and the
establishment of satellites in space. The replacement of the bullock cart by a car demonstrates the
advancement of science and technology. Science and technology can be found in everything,
from baking a cake to launching a satellite. They notify us by forecasting the weather. When the
meteorological department warns us of a tornado, cyclone, hurricane, or earthquake, for
example, many lives can be saved. As a result, we cannot ignore the significance of science and
technology. We would still be living in the Stone Age if science and technology did not exist.
The existence of the industrial age is the result of science and technology.

Science and technology's effect on people's lives is rising. While recent benefits to humanity
have been unprecedented in human history, in some cases the impact has been negative, or the
long-term consequences are cause for serious concern. Today, there is general public skepticism
of science and fear of technology.
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