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The postulate that gene duplication has a major role in evolution was developed in the 1980s and is now widely accepted as a major evolutionary force. Some have argued that gene duplication is the most important evolutionary force since the emergence of the universal common ancestor.
Major genome duplication events are not un common. It is predicted that the entire yeast genome underwent duplication only ~1,000,000 years ago! Plants are the most prolific genome duplicators. Wheat for example is hexaploid (a specifig term for a polyploid organism) meaning it has six duplicate copies of its genome.