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Life as we know it employs two main molecular systems:
1. proteins
2. DNA

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Final answer:

DNA is a critical information-storing molecule essential for life, forming a double helix structure and working alongside proteins in biological systems. The 'RNA world' hypothesis suggests RNA might have predated DNA and proteins in early prebiotic chemistry.

Step-by-step explanation:

Life as we know it is fundamentally dependent on two principal molecular systems: proteins, which facilitate the cell's chemical processes, and DNA (deoxyribonucleic acid), the crucial information-containing molecules. DNA houses the genetic information vital for determining an organism's traits, manufacturing essential proteins, and conveying hereditary information to the next generation. The structure of DNA is characterized by two anti-parallel chains of nucleotides that twist into the iconic double helix.

The origin of life conundrum is akin to a "chicken and egg" scenario due to the interdependency of proteins and DNA. While proteins are necessary for assembling DNA, their own synthesis is dictated by the information in DNA. This paradox has led to the hypothesis of an "RNA world," where RNA (ribonucleic acid) may have played a dual role in early prebiotic chemistry, both in storing genetic information and catalyzing cellular reactions.

Understanding the intricacies of these molecular systems and their evolution is central to grasping how biological systems utilize free energy and molecular building blocks for growth, reproduction, and maintaining dynamic homeostasis.

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