What is a clone? It's a group of genetically identical molecules, cells,
or organisms derived from a single ancestor.
A clone may be...
Plant Cloning
Animal Cloning
Animals can be cloned in several different ways...
DNA Cloning (The Foundation of Recombinant DNA Technology) Clones need not be whole, living organisms. One can also clone DNA itself.
A large number of identical DNA molecules (or fragments of DNA molecules), each of which has an identical sequence, can be produced by cloning DNA molecules from a single, ancestral DNA molecule (or fragment).
In the early 1960's and 1970's, genetic and biochemical discoveries and techniques laid the foundation for later cloning of DNA molecules.
Collectively, these techniques are known as Recombinant DNA Technology
1. Isolation of a particular gene, part of a gene or region of a genome
2. Production of large quantities of a gene product (protein or RNA) for
easier study of those molecules
3. Increased production efficiency for commercially made enzymes and
drugs
4. Modification of existing organisms so that they express a particularly
desirable trait not previously encoded in the genome.
5. Correction of genetic defects in complex organisms, including humans.
A Few Definitions:
How is it Done?

Here's how it works. Notice the "sticky" ends mentioned previously.
To summarize...
Vectors
Because yeast reproduce very quickly, you can get tens of thousands of copies of your desired DNA fragments in relatively short time.
YAC has been used extensively in the Human Genome Project, to amplify segments of the human genome for easier study.
Once you have large quantities of a DNA Clone, what do you do with it? One of the most important aspects of DNA study is... DNA SEQUENCING
Therefore, the first important step is to determine the base sequence of your cloned fragment.
There are many different methods used for DNA sequencing, including
Your assignment is to study the three diagrams in the link and understand the general workings of this protocol. Don't try to memorize it, but understand the basic ideas.