1) It requires the identification and evaluation of the potential socioeconomic impact of an activity on the lives of those in the community. a) Impact on the Consumer b) Impact on the Government c) Impact on the households d) Socioeconomic Impact Study e) Economic Impact Study f) Study in Economics 2) Businesses rely to their consumption of the commodities they produce whether it is a good or a service. a) Impact on Suppliers b) Impact on Consumers  c) Impact on Investors d) Impact on Households e) Impact on Government f) Impact on International trade 3) Any business starts obtaining a license to operate and registering with the Bureau of Internal Revenue. a) Impact on Suppliers b) Impact on Consumers c) Impact on Investors d) Impact on Households e) Impact on Government f) Impact on International trade 4) New businesses have an impact on the standard of living and employment of ______________. a) Impact on International trade b) Impact on Suppliers c) Impact on Government d) Impact on Investors e) Impact on Consumers f) Impact on Households 5) Those persons who provide the capital for businesses. a) Suppliers b) Capitalist c) Consumers d) Investors e) Government f) People

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