Terrorism And Its Effect Upon The Economy
Terrorist attacks have many effects upon the nation that is attacked; the attack can have effects on the economy, as well as the well being of the citizens. Terrorism has been an extreme influence upon aspects of a nation’s well being since the dawn of the economy. Terrorism is a social issue where in which a organization uses force to meet demands from a source of power. Terrorism can effect the media as well as the sociological, the physiological, the physical, the ecological, and the legal aspects of a nation.The sociological effect a terrorist attack can have on a nation is massive, perhaps greater then the obvious physical effect. Terrorist attacks against our nation in recent memory have had serious effects on the economy forcing it to slow down. Recently, involving the terrorist attack on September 11th 2001, stocks and profits fell so low that some economists felt that our nation would experience recession. “Forecasters, for the most part, are predicting a mild recession with recovery starting next spring… consumer confidence, suggest that the recession could be much deeper than is being forecast.” (Campbell, Bruce. “What Paul Martin Should Do”.www.policyalternatives.ca/publications/35.html). Companies
Terrorism can affect the media as well as the sociological, the physiological, the physical, the ecological, and the legal aspects of a nation. Terrorism has been an extreme influence upon aspects of a nation’s well being since the dawn of the economy. Terrorist attacks have many effects upon the nation that is attacked; the attack can have effects on the economy, as well as the well being of the citizens. , businesses, and corporations also experience slow profits during periods after terrorist attacks. These economic problems also slow inflationary pressure that also puts other strains on regular living in a market economy system. Terrorism also has an obvious physical effect on the world. R. Rubenstien defines terrorism as “Politically motivated violence by small groups claming to represent the masses”. This means that violence comes hand and hand with a terrorist attack and with violence come casualties and vast injuries to the population. Terrorist attacks on a nation can be devastating; repercussions of the actual attack can last for months. In the case of the September 11th attack not only did around 3200 people die with more injured, near ground zero the population is still facing repercussions such as “world trade center syndrome”. This is the term used to describe the symptoms such as serious asthma as well as lung damage that occur frequently in cases of fire department workers, as well as the living population near ground zero. However despite the violence and damage terrorists never seam to achieve any of the goals they hope to achieve by attacking rival nations. Also in many cases ter! Though the most popular weapon of a terrorist attack is physical such as planes used in the September 11th attacks, terrorists have many other options that cane be used in attack methods. Terrorists use other methods such as biological weapons. Though biological weapons do not seam as powerful at first glance they can have just as much a dreadful repercussion as a missile or a bomb. Biological agents are normally released into the
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Approximate Word count = 1396
Approximate Pages = 6 (250 words per page double spaced)
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