Best Use of Flood Plains?

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I wish to know from hydrogeologists and other professionals: what is the best use of flood plains of any river system. For what purpose do you use the flood plains?

Are there any countries that have defined public policy for economic use of flood plains? Also what's some free software available to mark river flood plains?

Help much appreciated.

 

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Flood plains are useful in ...

Flood plains are useful in evaluating economic viability for real estates, urban planning and even irrigation...however am not aware of any national policy on the subject

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