A Socioeconomic Impact Assessment (sic: SIA) involves looking
at economic and sometimes other quantifiable data to estimate how these
variables may be affected by a project or alternative. Although the Socioeconomic
Impact Assessment and Social Impact Assessment can have the same acronym
(SIA), they are not interchangeable. Socioeconomic Impact Assessment (SEIA)
is one kind of SIA, and may be an important part of SIA, but it seldom
is sufficient in itself to assess impacts on the social environment. Many
important aspects of the social environment are not strictly economic,
or even quantifiable. For example, the way people feel about the natural
environment in which they live may be of critical importance to the identity
of their community, but this kind of feeling is not something that can
be counted.
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