What effect does Earthquakes have on Economics, and Vice Versa?

T

Tyler

New member
I have to do a 5 - 8 page paper on how Earthquakes effect Economics, and vice versa.

Can anybody give me some ideas =D thx.
 
An earthquake is an externality that affects the economy. Any country in the world, which depends on tourism and trade, when a disaster of this nature comes, out of the market for a while, the losses are substantial, the economic recovery can be fast or slow, according to the damage it has suffered.

.Do I make you this example.

An earthquake from the San Andreas fault, it can create unprecedented damages in the State of California, The cities of San Diego, Los Angeles, San Francisco, destroyed dams, aqueducts, roads, railways, water treatment plants of water, nothing works. That is a negative effect, the economics of this region, collapse.
 
Here are some sections I can recommend and might fill those pages:

Earthquakes destroy tourist attractions, destroy other buildings like shops. How would this effect the Economy?
Now, with these businesses down, how would consumers and producers be effected? In regards to consumers, think of the negative multiplier cycle.
In regards to producers, think of lost stock and capital, and their shop.
Also, if homes are destroyed how exactly would this effect consumers?
Would earthquakes destroy or stop the flow of resources, whether natural or man-made? How would this effect Exports? And given Exports are used to pay for Imports (theoretically at the least) how would this effect the purchasing of Imports?

There are so many things to talk about.
 
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