What are the three types of impacts airports have?

What are the three types of impacts airports have?

• A. Direct, Indirect, and Induced
• B. Primary, Secondary, Tertiary
• C. Short-term, Medium-term, Long-term
• D. Local, Regional, Global

Answer: (A)

Airport economic impact is understood through three channels: direct, indirect, and induced. Direct impacts are the immediate economic activity from airport operations—the on-site jobs, spending by the airport and its tenants, airlines, ground services, and other on-site needs. Indirect impacts come from the supply chain that supports the airport—payments to suppliers, contractors, and service providers that enable the airport to operate. Induced impacts occur when the incomes earned from direct and indirect activities are spent by workers and businesses in the local economy, creating additional rounds of spending. Together, these three channels describe how airport activity propagates through the economy, often amplified by multipliers to yield the total impact. Other groupings describe different ideas: Primary/Secondary/Tertiary refer to levels or order rather than channels of economic impact; Short-term/Medium-term/Long-term describe time horizons; Local/Regional/Global describe geographic scope rather than how the impact occurs.

Airport economic impact is understood through three channels: direct, indirect, and induced. Direct impacts are the immediate economic activity from airport operations—the on-site jobs, spending by the airport and its tenants, airlines, ground services, and other on-site needs. Indirect impacts come from the supply chain that supports the airport—payments to suppliers, contractors, and service providers that enable the airport to operate. Induced impacts occur when the incomes earned from direct and indirect activities are spent by workers and businesses in the local economy, creating additional rounds of spending. Together, these three channels describe how airport activity propagates through the economy, often amplified by multipliers to yield the total impact.

Other groupings describe different ideas: Primary/Secondary/Tertiary refer to levels or order rather than channels of economic impact; Short-term/Medium-term/Long-term describe time horizons; Local/Regional/Global describe geographic scope rather than how the impact occurs.