Answer:
Introduction of genetically engineered bacteria that produces liquid fuel in the process of photosynthesis has a great impact on the society. These biofuels are used instead of gasoline due to low cost. A lot of countries are dependent on oil producing countries for gasoline. From this bacteria, they are able to produce oil in their country and saves a lot of money which is spent on oil. This money will be spent on the poor people of the country and the life of poor people in the society will be better.