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Business Profile & Revenues... What has happened to the participating communities financially since extraction has begun? What is the outlook for the future?

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Answer:

The impacts of extraction on participating communities have been largely negative. Many communities have seen a significant decline in income as a result of lost agricultural and fishing opportunities, and reduced access to traditional services such as hunting and gathering. Additionally, there are often negative health, environmental, and social impacts associated with extraction, such as increased air and water pollution, damage to fragile ecosystems, displacement of local populations, and increased crime.

The outlook for the future of these communities is uncertain, as the extractive industry often comes with a lot of volatility, which can lead to unpredictable revenue streams. Additionally, many of the issues associated with extraction are long-term and difficult to reverse, so the impacts may be felt for decades to come.

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