Understood in its broadest sense, 'The economy is defined as a social domain that emphasizes the practices, discourses, and material expressions associated with the production, use, and management of resources'.[1] Economic agents can be individuals, businesses, organizations, or governments.
Unformatted text preview: True False 7. A subdivider wants to limit the height to which trees can grow so as to preserve views in the neighborhood. This would most likely be done with a zoning amendment. True False 8. The effect of a proposed development on a community is determined by the preparation of an environmental impact statement. True False 9.
Evaluate the risk of subdividing your property. Subdividing property is commonplace among land developers, builders, real estate agents and other professionals. However, if you are new to the process, it can be risky if you donât do your due diligence.hese requirements can make your expenses skyrocket. Approval for property subdivision usually comes with requirements that you must make certain improvements to the property. These usually have to do with access roads, sewer and utilities. These improvements often cost tens of thousands of dollars.