Final answer:
The characteristic of life represented by the phrase 'Contain organized biomolecules and specialized structures' is Organization.
Step-by-step explanation:
The characteristic of life represented by the phrase 'Contain organized biomolecules and specialized structures' is Organization. It refers to the arrangement of structures and biomolecules within an organism. Living organisms exhibit a high level of organization, from the molecular level to cellular, tissue, organ, and organismal levels. This organization allows for the efficient functioning and coordination of different parts of the organism. For example, cells are organized into tissues, which work together to form organs, each specialized for a specific function.