1. Describe one economic effect of a natural disaster such as an earthquake.

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06-04-2021
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1. Describe one economic effect of a natural disaster such as an earthquake.

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Heyme123idn Heyme123idn · Answer 1 · 2021-04-06T12:10:32-04:00

Heyme123idn Heyme123idn

06-04-2021

Answer:

Natural disasters such as earthquakes, floods, typhoons, and hurricanes inflict serious damage and so seem to be bad for the economy. For firms, natural disasters destroy tangible assets such as buildings and equipment – as well as human capital – and thereby deteriorate their production capacity.

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