Answer:
Cloning has many benefits such as replacing defective genes, organs and also creating a society where disease is eliminated in a genetically engineered population. However, as well as being an unpredictable system with 95% of cloning attempts failing (AAVS, 2010).
And the impact is the Cloning can have the following disadvantages:
The existing population, which is large enough as it is, will explode. There are insufficient resources to support the residents of the world; adding clones to the population would make things worse. The financial repercussions could be huge.