classify economic impact social impact
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Economic and societal impact is the demonstrable contribution that excellent social and economic research makes to society and the economy, and its benefits to individuals, organisations and/or nations.
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i'll gave answer as simple language to know about the topic
first of all if econmically we are good it mean we have more stable in socially . if we have not a good economically ( value measure by good and service)
we have nothing value were down and then we are able to purchase food ......... and gone to down in socially.. social theses measured by economic value ...
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