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Effects of flooding. Floods can have devastating consequences and can have effects on the economy, environment and people. Economic. During floods (especially flash floods), roads, bridges, farms, houses and automobiles are destroyed. People become homeless.
Flooding of areas used for socio-economic activities produces a variety of negative impacts. The magnitude of adverse impacts depends on the vulnerability of the activities and population and the frequency, intensity and extent of flooding.Some of these factors are shown below;ecurrent flooding in a region may discourage long-term investments by the government and private sector alike. Lack of livelihoods, combined with migration of skilled labour and inflation may have a negative impact on a regionâs economic growth.