We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

The detrimental impact that the 911 Terrorist Attack had on the NYC/US Economy - Term Paper Example

Comments (0)
The detrimental impact that the 9/11 Terrorist Attack had on the NYC/US Economy Introduction The activities of terrorism have caused detrimental effects on the economy of the country not only in the short run but also in the long term perspective. The 9/11 terrorist attack on the United States is one of the worst attacks of terrorism on the economy of a country that destroyed the infrastructure of the New York City and the also devastated the lives of the people of the US…
Download full paper
The detrimental impact that the 911 Terrorist Attack had on the NYC/US Economy
Read TextPreview

Extract of sample
The detrimental impact that the 911 Terrorist Attack had on the NYC/US Economy

Download file to see previous pages... The activities of terrorism not only have direct material impacts on the victims who have been affected by the evil activities of the terrorists but also increase the overall expenditure of the government in restructuring the nation and laying the path of its recovery. Apart from the steps taken by the government in rebuilding the nation, the policy makers and the government have to incur huge expenditures in terms of billions of dollars in redesigning the security framework for detection of the activities of terrorism. The country’s expenditure in effective prosecuting the terrorists and putting them behind the bars in order to punish the terrorists goes up rapidly. The political commitments as well as the policies aimed at social welfare and protection of the people of the country against the activities of terrorism leads to huge outflow of funds for the government. The impacts of terrorism on an economy could be broadly subdivided into the primary impacts and the secondary impacts (Richardson, Gordon and Moore, 2007). ...
ge due to the terrorist activities on the households is significant as it creates a sense of fear in the society that impacts the economic activities performed by them in an adverse manner. The business houses in the private sector are frequently affected by the terrorist activities as its results in the destruction of buildings properties of the private companies in the economy. The public sector companies are relatively better protected as compared to the private sector in context to terrorism as the public organizations and their properties are better protected through vigilance and guards against the suspected incidents if terrorism. Despite the security arrangements, the public sector organizations are also affected by the evil intentions and activities of the terrorists as the terrorists find ways to break through the security infrastructure put in place by the government. The secondary impacts of terrorism explain the impact on the inter-connected economic structure of the country due to the inter-linkage between different sectors of the economy of the country. The various sectors of the economy that is impacted by terrorism are the tourism industry, the domestic and foreign direct investments in the economy, the performance of the stock markets, foreign trade of the nation and the national income level. Thus the investments and business activities in the economy is hampered as a result of the terrorist attacks. The people tend to move away from visiting the place of terrorist attacks and the investors prefer not to invest on the economy that faces terrorism. Cost and harm of terrorism activities on US economy The cost and harm of the activities of terrorism on the US economy have been explained as follows. As a result of the 9/11 terrorist attack, there has ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
Unemployment in US economy
Moreover, unemployment comes into being if an individual goes in search of a new employment after being out of labor force for a long time. The individuals in search of employment get employed in monthly duration in a range of 10% to 40%. The unemployment varies directly with separation rate and varies indirectly with the rate of searching for a job.
3 Pages(750 words)Term Paper
Impact the German state on Europe economy
This will factor in the different economic aspects of any economy which include the political institutions, social organization and the overall economic policies or the overriding political ideology. It has even established and agreed over a common currency which is the euro. 
9 Pages(2250 words)Term Paper
The Impact of Small Business in our National Economy
All the research material discusses small business, its impact on national economy over a period of time, and what needs to be done to enhance the positive impact. During research, it is realized that better government policies and further investment can work wonders for small business and consequently, for U.S.
8 Pages(2000 words)Term Paper
Impact of NAFTA on the US economy
Since its inception in 1994, the agreement has been appreciated for the benefits U.S. economy reaped through it and criticized for the negative impacts it might have had on U.S. economy. This paper discusses some of the negative and positive impacts of NAFTA on U.S.
4 Pages(1000 words)Term Paper
Impact of the Housing Market on the US GDP
Macro economics consists of concepts that can be applied to the entire world. In economics a financial market is a place which allow buying and selling activities, there are many manufacturers and consumers available in the market. There are many products available of same type hence that raises competition in the market.
8 Pages(2000 words)Term Paper
World Finacial Crisis - Impact in the American Economy
World Financial Crisis - Impact in the American Economy. The main cause of the financial crisis of 2007-09 was the housing market of U.S. From the decade of 1990s policy of financial deregulation was taken by the U.S. government. The monetary policy became loose in 2002-2005.
7 Pages(1750 words)Term Paper
The current level of government regulation of business is detrimental to our economy
In medieval times, people from the different countries went out in ships to trade with the other countries. After that stronger countries began to conquer the other countries in search of the resources, in order to aid their economic development. Trading companies became the norm during this time.
15 Pages(3750 words)Term Paper
NYC history(Book review)
Maple, chestnut, oak, raccoons, otters, wolves, and foxes characterized New York City. The city has state buildings for the empires and houses of peasants from all over the world. Mike Wallace and Edwin Burrows have tried to expound on the monumental
6 Pages(1500 words)Term Paper
The Attack On 911

From this research, it is clear that the 9/11 attack is known to be the worst terror attack in the modern world. It led to changes in various sectors including the economy, culture, and security. It also led to the establishment of the military action in the Middle East. The war against terror has not yet been won and the government is advised to keep up the fight against terror.

4 Pages(1000 words)Essay
State of current US Economy
of the United States in the first quarter of 2014 was 4.6%.1 This growth is a clear indication that the economy is building gradually more so after the dismal performance in the first quarter that stood at 2.1%. This dramatic rise in the growth is more than twice the economic
4 Pages(1000 words)Term Paper
Let us find you another Term Paper on topic The detrimental impact that the 911 Terrorist Attack had on the NYC/US Economy for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us