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Welcome to Four X Academy, where we provide forex and crypto education. Today, we are discussing fundamental analysis for novices, focusing on building permits. These permits are required before construction or remodeling projects can begin on residential or commercial properties. They are granted by local government agencies to ensure standards are met and allow for statistical analysis on economies. Building permits cover structural integrity, utilities, fire protection, zoning, and sanitation. Requirements for permits vary by country, with major construction projects typically needing them.