Impacts refer to the effects or changes that occur as a result of an action, event, or decision. These can be positive or negative and can influence various aspects of life, such as the environment, economy, or social structures. For example, the impact of climate change can lead to severe weather patterns, affecting agriculture and wildlife. In a business context, the impacts of a new policy can alter employee productivity and company culture. Understanding these impacts is crucial for making informed decisions that promote sustainability and growth, whether in business, government, or community initiatives.