How and Why may the Economy of the area be affected by flooding?

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Floods impact on both individuals and communities, and have social, economic, and environmental consequences. The consequences of floods, both negative and positive, vary greatly depending on the location and extent of flooding, and the vulnerability and value of the natural and constructed environments they affect.

Floods impact on both individuals and communities, and have social, economic, and environmental consequences. The consequences of floods, both negative and positive, vary greatly depending on the location and extent of flooding, and the vulnerability and value of the natural and constructed environments they affect.The consequences of floods, both negative and positive, vary greatly depending on their location, duration, depth and speed, as well as the vulnerability and value of the affected natural and constructed environments. Floods impact both individuals and communities, and have social, economic, and environmental consequences