as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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improve the following sentence: "livestock farming is an industry that has both positive and negative effects."
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livestock farming is an industry that has both positive and negative impacts on the environment, animal welfare, and the economy.
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