A socio-economic impact assessment examines how a proposed development will change the lives of current and future residents of a community. The indicators used to measure the potential socio-economic impacts of a development include the following:Changes in community demographicsResults of retail/service and housing market analysesDemand for public servicesChanges in employment and income levelsChanges in the aesthetic quality of the communityQuantitative measurement of such factors is an important component of the socio-economic impact assessment. At the same time, the perceptions of community members about how a proposed development will affect their lives are a critical part of the assessment and should contribute to any decision to move ahead with a project. In fact, gaining an understanding of community values and concerns is an important first step in conducting a socio-economic impact assessment.The socio-economic impacts of a proposed development on a community may actually begin the day the project is proposed. Changes in social structure and inter-actions among community members may occur once the new development is proposed to the community. In addition, real, measurable and often significant effects on the human environment can begin to take place as soon as there are changes in social or economic conditions. From the time of the earliest announcement of a pending policy change or development project, attitudes toward the project are formed, interest groups and other coalitions prepare strategies, speculators may lock up potentially important properties, and politicians can maneuver for position.For this Discussion, review the media, “Multi-Media PowerPoint Financing Public Health,”and the Learning Resources. Then, consider the socioeconomic status of communities. Explain how this status may drive financing need for public health initiatives for the underserved populations in these communities.With these thoughts in mind:Post 3-4pagesan explanation for whether or not socioeconomic status should be used to allocate resources for public health financing. Explain how the socioeconomic status of communities drives the financing need for public health initiatives to provide for underserved populations.
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A socio-economic impact assessment examines