Economic, environmental and social factors ????

Question

On pratically all of my past assignments it has asked me to state how _____ affects an individual or community; economically, environmentally or in social factors

i have failed at responding to this accurately time and time again so can somebody please clear up what each of those three things mean as im a littled confused...

basically, in depth, when an assigment question is: how does ___ affect some1 in an economic factor, environmental factor and social factors, what is it asking? what does 1."economic factor", 2."environmental factor" and 3."social factor" mean???

Answer 1

It refers to someone's financial status, surroundings and friends and relations which do have impacts on the society.

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Answer 2

Economic factor: Explain why it's good or bad for business.

Environment factor: Explain the environmental impact. Does it harm the environment or do less environmental damage than other similar projects or technologies.

Social factor: Does it help or harm the standard of living in the affected area?

All three are intertwined, but not necessarily mutually exclusive. An environmentally unfriendly technology may be cheaper for the company, but customers might be looking for green alternatives even if they cost slightly more.