Economic Impact

Business, Legal & Accounting Glossary

  1. Home
  2. Glossary
  3. Define: Economic Impact

Definition: Economic Impact

Economic Impact
Cite Term
Sources

Full Definition of Economic Impact

The effect that an event, policy change, or market trend will have on economic factors such as interest rates, consumer confidence, stock market activity, or unemployment. Events such as regulatory changes, supply shortages or natural disasters can have a significant economic impact due to the way that they affect business activities.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/economic-impact/
Modern Language Association (MLA):
Economic Impact. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/economic-impact/.
Chicago Manual of Style (CMS):
Economic Impact. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/economic-impact/ (accessed: April 19, 2024).
American Psychological Association (APA):
Economic Impact. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/economic-impact/

Definition Sources

Definitions for Economic Impact are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.