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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]
Adapting to new business sectors: While the number of social enterprises is growing, [13] and with the entry of the B Corp movement, [14] there is more demand from consumers and investors for an accounting for social and environmental impact. [15] For example, Fair Trade and Ethical Trade companies require ethical and sustainable practices from ...
In 2013, the Democratic staff of the U.S. House Committee on Education and the Workforce released a report called Wal-Mart's The Low‐Wage Drag on Our Economy: Wal‐Mart's low wages and their effect on taxpayers and economic growth, which analyzed Walmart's effect on U.S. government finances and concluded that each Wal-Mart store with at ...
In business analysis, PEST analysis (political, economic, social and technological) is a framework of external macro-environmental factors used in strategic management and market research. PEST analysis was developed in 1967 by Francis Aguilar as an environmental scanning framework for businesses to understand the external conditions and ...
Business journalism is the part of journalism that tracks, records, analyzes, and interprets the business, economic and financial activities and changes that take place in societies. Topics widely cover the entire purview of all commercial activities related to the economy .
For example, at the end of an economic bubble, asset prices fall, debt is written down, highly leveraged companies suffer; and this affects high-income people. As wealth shrinks, the income gap of the whole society will shrink significantly; and this is when monetary policy shifts to an easing period, which will also narrow the gap.
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The Federal government provided $11.2 billion in immediate assistance to the Government of New York City in September 2001, and $10.5 billion in early 2002 for economic development and infrastructure needs. [18] The 9/11 attacks also had great impact on small businesses in Lower Manhattan, located near the World Trade Center.