Social Impact

Social impact refers to the effect that an action, event, or organization has on the well-being of individuals, communities, and society as a whole. It can be positive, such as improving education or health, or negative, like increasing inequality or environmental harm. Measuring social impact involves assessing changes in people's lives and overall community health, often using tools like surveys and data analysis. Understanding social impact helps businesses, governments, and nonprofits make informed decisions that contribute to sustainable development and enhance quality of life for all.