After the attacks of September the eleventh on the United States the world has transformed drastically; the events of 9/11 2001 was followed by a string of similar attacks and suicide bombings all around the world that terrorism has become a major threat to our planet. With the help of the media in dramatizing these attacks, fear of terror has become a major concern to people around the world. Terrorism has somehow played a major role in shaping our world in the twenty first century and the past decade. Some of the unimportant but time consuming effects of terrorism on the average person are the long security queues at airport that god only knows their economical toll (Forbes.com) . Wars have been waged to fight terrorism that has put the …show more content…
After September eleventh, The United States Stock market and GDP fully recovered within the year the events took place; Despite the fact that the stock market was shut four days after the attack, then reopened again on September 17th, 2001 with the consideration that the Dow Joe industrial average fell by 7.1 percent so did the GDP by 0.5 percent. The American economy made a firm recovery after the attacks due to the American people (IMF.ORG) .
The indirect effects of terrorism are not valid for developed countries since most of them have more than one means of gaining capital. In Egypt’s case, Terrorism has destroyed the economy with no signs of firm recovery in the recent future. Before the Arab spring Egypt relied heavily on foreign investments either through investing in infrastructure developments, factories or Monterey investments in the Egyptian stock market. After the Arab spring took place Egypt has been facing economic turmoil due to its past state of instability, and ongoing terrorist threats and attacks. Despite the country 's production of goods the current deficit fell due to decline in tourism, foreign capital investments in the stock market surged out of the country and now the country’s pound has declined radically due to the country’s economic decline and for devaluation by the government in hopes to entice foreign investment (VCUDATABASE) . Other indirect effects
On September 11, 2001, Islamic extremists stole four airplanes and carried out suicide attacks against the United States. Two of the airplanes were flown into the twin towers in New York City, the third airplane hit the Pentagon outside Washington, D.C., and the fourth airplane crashed in a field in Pennsylvania. Known as 9/11, the attacks resulted in extensive death and destruction, triggering the United States to create major changes in their security and terrorism protocols. While everyone agrees that what happened on 9/11 was terrible, many believe that the changes in America’s security protocols are not for the best. How 9/11 affected America’s security protocols was for the worse, it caused: privacy invasion for foreign and American civilians in airports, immigration laws increased out of fear, and discrimination and racism towards Arab civilians.
The September 11th, 2001 terrorist attacks forever changed the way our air travel industry operates. It affected the government, the airlines, airports, employees, and passengers alike. There was not as much of a threat of terrorism before 9/11, so airport security was not nearly as thorough, and at times intrusive as it is today. Through the creation of the Department of Homeland Security and the Transportation Security Administration, the evolving threat of terrorism has not been successful in carrying out another 9/11 style attack.
September 11, 2001 was a milestone in the history of the United States, which experienced a collective shock and trauma that has never been forgotten. In the United States most of all, the entire airline and tourist industry was driven to the edge of bankruptcy and would not have survived at all without a major bailout by the federal government. It was already in poor condition for many years after deregulation in 1978, the September 11th attacks were a Near Death Experience. After that time, the airlines decided that they could never permit another attack like this or they would be driven out of business. As it was, their stock prices collapsed and passenger schedules did not return to pre-September 11th levels for four years. All previous security plans were judged to be useless and inadequate, and were taken out of the hands of private security contractors and turned over to the federal government. New and more restrictive laws like the Patriot Act came into being, and the U.S. launched an all-out war on Al Qaeda that has continued for eleven long years.
The United States experienced one of the biggest scaled Domestic Terror Attacks on eleventh September 2001. These assaults against our incredible country were done with the capturing of numerous aircraft transporters. The repercussions of these appalling demonstrations left the aggregate decimation of the World Trade Center, the Pentagon, and other relevant areas. After these occasions the USA Patriot Act of 2001 was passed, and the Department of Homeland Security started to devise and execute the first of numerous missions and conventions to alleviate any further dangers to the United States. Since the sanction of the Patriot Act, there have been various indications of fear based oppressor plots and thwarted assaults against the United States
The tragic event that occurred on September 11th, 2001 was something that changed our nation forever. Many people already know of the damage it caused: the massive death count, the complete destruction of the World Trade center, and the emotional havoc that plagued many people. It was something horrible that no person could ever forget, but amidst all of the negativity that 9/11 caused, positive changes can be found, predominantly changes that increased airport security throughout the United States. The changes that 9/11 caused affect the whole security process that you have to go through before you board an airplane. (list changes)
The stock market was closed for four days following the attacks. On the day that the markets reopened, the Dow had a 617.78 point loss, this was a fall of 7.13%, the markets closed at 8,920.70 (Kimberly Amadeo). This loss was the Dow’s worst one-day drop ever. At the close of trading on the Friday following 9/11, the Dow was down almost 1,370 points, representing a loss of over 14% (Marc Davis). The week after 9/11 had the biggest losses in NYSE history (as of 2001) where an estimated $1.4 trillion was lost in those 5 days of trading (Marc Davis). In combination with the recession of 2001, the stocks continued to fall. The stocks hit rock bottom on October 9, 2002, when it closed at 7,286.27 (Kimberly Amadeo). This was a 37.8% decline from its peak. The losses of the stock market added to the costs of
September 11th, 2001 was a day of tragedy for American citizens and also a day of working together as a country to pull together and conquer terrorism. After the terrorist attacks caused by Al Qaeda, the security in airports changed drastically. Passengers were terrified of flying because they now knew anything could occur at any moment. Luggage and Full body scanners were introduced to airports all around the world(TSA). Prior to 9/11, security was not a huge concern. Having to buy advanced security equipment for all airports in America was a major change not only for airports, but also for passengers. Before September 11th, 2001, getting from the entrance to the gate only took approximately five minutes. With barely any security, getting
Do you remember what you were doing on Tuesday, September 11th, 2001? Four airplanes were hijacked by members of the Islamic terrorist group, Al-Qaeda. Terrorists hijacked and crashed an American Airline flight and a United Airlines into the Twin Towers in Manhattan, New York, causing a devastating catastrophe. As a result, the World Trade Center collapsed, killing more than 2,600 innocent people including 19 terrorists. This event has so far been the worst act of terrorism in the United States that caused more than $10 billion in property damages. This disastrous day changed perceptions about the vigilance and security of the American nation.
September 11, 2001 is a day Americans will never forget. It was a day that brought shock, anger, disbelief, and sadness to everyone. On that day, thousands of innocent people lost their lives due to an act that was unthinkable. It was the day that the United States of America was attacked by nineteen terrorists part of Al-Qaeda. That day was classified as the worst terrorist attack in America. September 11, 2001 changed America forever: in a way that we were not prepared for.
Wherever anyone goes, anyone is vulnerable to Terrorism. Terrorism exists as an incredibly horrific and violent act, and it affects everyone that goes through it and people watching news and reading newspapers. The effects of terrorism can be extremely dangerous; sometimes it can even be deadly. “In the last of a couple of years around 50 terrorist attacks have been in the United States and Around 200 in the world” (Barrett), just last week there was an attack on the London bridge. ISIS even has claimed that they planned the attack. For anybody that doesn't know who ISIS is they are a terrorist organization that people say " They are upon extreme than Al-Qaida or any other terrorist group in the world"(Tran). Terrorism affects the world in so many ways, and it isn't pretty. As People that travel a lot read the
Fall of 2012 on the night of September 11th our United States embassy was attacked in Benghazi. Benghazi is the legislative capital of the country of Libya. Our U.S. Ambassador J. Christopher Stevens and U.S. Foreign Service Information Management Officer Sean Smith were murdered in the attack on the compound. The attackers were working for and alongside Ahmed Abbu Khattala. That state department in Washington D.C. was heavily criticized for denying additional security and backup to the embassy during the attacks. The decisions made on that fateful night were unfortunately very politically driven. After the fantastic feat by Obama and his administration in killing Osama Bin Laden, it had become very clear that Al-Qaida and terrorism in the Middle East was not on the run as our president had stated earlier that year. It was no coincidence that these attacks took place on the anniversary of 9/11. This event shook many Americans, and the way the information was relayed to the American people aroused suspicions about the integrity of our president and his motives. President Obama claimed these attacks were caused by a viral video slamming Islam. It was easy to blame an event on a video and push the truth under the rug. The truth that terrorism was resurging and these terrorists were not afraid to attack Americans. With an upcoming election, the news that Al Qaida may be a force to be reckoned with once
After the attacks on the twin towers there was a lot of devastation and with that came a good amount of economic losses as well . 9/11 has caused many companies to struggle and many jobs to be lost . After the event, the unemployment rate had gone down to 0.11% and the GDP growth rate had gone to 0.5% and that 0.11% of unemployment was 598,000 jobs lost . From this observation, I now understand the negative economic effects of 9/11
The September 11th attacks have had a profound effect on American history. Often referred to as “9/11”, these attacks were comprised of a group of organized terrorists known as Al-Qaeda. This extreme Islamic group assaulted several landmarks in New York City, Washington D.C, and the state of Pennsylvania. In New York City, two airliner jets were hijacked with passengers aboard and slammed into the World Trade Center. “The next attack resulted in a plane colliding into the Pentagon, government building; the last attack was in Pennsylvania when a plane crashed into a field. In total, 3,000 people died on September 11th, 2001” (History.com Staff). The September 11th-attacks have affected airport security by the new training of flight attendants, the formation of the Transportation Security Administration and new technical advances to keep up with increased terror threats.
On September 11, 2001, roughly 3000 innocent people were killed in New York, Pennsylvania and Virginia from a series of ruthless coordinated terrorist attacks which were carried out in the air. These attacks forever changed airport security measures throughout the United States and the World. The attacks resulted in the immediate creation of the Transportation Security Administration, which was stood up to increase airport security measure to prevent repeating such horrible acts on United States soil. Sixteen years later, the United States is a safer country and airport security has improved. With all the new technology rapidly being introduced, security officials are always trying to
Terrorism, which has been around for as long as people can remember, has been on the rise for the past ten years. Terrorists usually use murdering, kidnapping, hi-jacking and bombings to achieve their political purpose. For instance, according to Wikipedia.com (2006), in 1985 816 deaths, then in 2003, more than 1,000 people died by terorist acts around the world. In recent years, terrorism seems to be at a new height and attacks are much more violent than in the past. Unfortunately, in spite of many anti-terror campaigns, projects and organizations are being created for prevention (to prevent) terrorism, the number of terrorists only is increasing. These days terrorism is all over the world.