economic impact
"Economic impact" refers to the effect that an event, policy, or decision has on the economy in terms of job creation, GDP growth, investments, and overall prosperity. It is a measure of how a specific action influences the financial well-being of a region, industry, or population.
Requires login.
Related Concepts (11)
Similar Concepts
- economic consequences
- economic dynamics
- economic effects
- economic evaluation
- economic impact and tourism
- economic impact of education and research funding
- economic impact of the logging industry
- economic impact on small businesses
- economic implications
- economic influence
- economic stimulus
- economic value
- economic values
- social and economic impacts
- social impact