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Business and Tourism
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03
Identify the economic and social aspects that the project or initiative aims to address or impact
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What is economic and social impact?
Economic and social impact refers to the effects that a particular project, policy, or decision has on the economy and society.
Who is required to file economic and social impact?
Certain organizations and businesses may be required to file economic and social impact assessments depending on the jurisdiction and specific regulations.
How to fill out economic and social impact?
To fill out an economic and social impact assessment, one must gather relevant data, analyze the potential impacts, and report findings in a structured format.
What is the purpose of economic and social impact?
The purpose of economic and social impact assessments is to understand the potential effects of a project or decision on the economy, society, and environment.
What information must be reported on economic and social impact?
Information such as projected costs, benefits, risks, employment opportunities, and social implications must be reported on economic and social impact assessments.
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