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An economic impact analysis is commonly developed in conjunction with proposed legislation or regulatory changes, in order to fully understand the impact of government action on the economy. The United States Department of Energy economic impact model is one example of this type of application. [ 16 ]
GDP per person, also known as GDP per capita is a simple definition of individual economic productivity as well as a rough proxy for average living standards, for individual prosperity. [3] If a nation can focus on increasing the productivity of its citizens, that improvement in economic output will help increase its GDP. It will also increase ...
Economic analysis of climate change is an umbrella term for a range of investigations into the economic costs around the effects of climate change, and for preventing or softening those effects. These investigations can serve any of the following purposes: [10]: 2495
The findings underscore the far-reaching economic consequences of Roe v. Wade being overturned, which now remains a frightening reality. ... meaning that they will have the most economic harm from ...
An erosion gully in Australia caused by rabbits, an unintended consequence of their introduction as game animals. In the social sciences, unintended consequences (sometimes unanticipated consequences or unforeseen consequences, more colloquially called knock-on effects) are outcomes of a purposeful action that are not intended or foreseen.
The Economic Consequences of the Peace (1919) is a book written and published by the British economist John Maynard Keynes. [1] After the First World War , Keynes attended the Paris Peace Conference of 1919 as a delegate of the British Treasury .
Externalities are the residual effects of economic activity on persons not directly participating in the transaction. The consequences of producer or consumer behaviors that result in external costs or advantages imposed on others are not taken into account by market pricing and can have both positive and negative effects.
Long term consequences to the betting and gambling industry might be: Death of small retail operators and providers, increase in M&A, more focus on online, innovation in online meaning that even the existing products like the sportsbook will pay closer attention to obscure sports like soap soccer or quidditch and more prominent spot for virtual ...