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Write 5 pages with APA style on Threshold Concepts for Nanotechnology. The amount that U.S has expended on the research and development of the nanotechnology is about $3.7 billion. while European Union has spent about 1.2 billion. Nanotechnology is considered to be the one of its own kind as the technology utilizes the conventional materials as emphasize on the production of new materials and enhance the productivity and efficiency of the nanotechnology (Highfield, 2012). Nearly every field like the medicine, energy, electronics, etc are considered to be greatly influenced by the nanotechnology in future. The more interactive designs are seen in the water purification and energy sector. On the other hand, the future advancement and implementation of the nanotechnology is much debated and scientists believe that the technology may solve the typical problems. On the other hand, the issues regarding the nanotechnology are the same as that of the other emerging technologies. The issues may have a deep relation with the environment and the pollutions, impacts on the economics and the impact on the society and culture (Crnano.org, 2008). Nanotechnology is considered as the future technology and is considered as the manufacturing and handling of the systems and devices at the nanostructure or molecular level.

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