Economic Impact Of Terrorism On Terrorism

First, the economy in the United State was affected after 9/11 especially New York and Virginia. The stock markets and financial

When the terrorist attacks occurred on 9/11 it did more than just affect the comfort level of American citizens. It had an all around impact on how this country will be run for years to come. The one economic impact that I will concentrate on is that the attacks, arguably, but directly effected the U.S. GDP (Gross Domestic Product) and how the national budget will be handled from that day forward.

The September 11 attacks were set of four terrorist attacks controlled by al-Qaeda, an Islamic terrorist group. On September 11, 2001, four aircrafts were hijacked by the terrorists; two of the planes hit Twin towers in New York, third hit the Pentagon and the fourth one crashed into a field near Shanksville, Pennsylvania (“9/11 Attacks”). The September 11 attacks had several long-term negative effects that include Social effects, Psychological effects, Physical health effects, Economic effects and many more. But of all those effects, Economic effects were the most suffered ones. The 9/11 attacks triggered the devastation of American economy (Miley). Although it has been 12 years since the episode and America has recovered a lot, American

In my point of view, terrorism actions generally contribute nothing to their political ends. I acknowledge that perhaps some terrorists care about proportionality. However, how can acts such as detonating a suicide bomb in a busy subway station or attacking a school help achieve their political goals? Actually, the vast majority of terrorist groups merely intentionally decimate the lives of innocents. What those acts of terrorism bring about are thousands of civilian deaths and injuries, and the most exquisite torment to their families. For example, in September 11 attacks, terrorists successfully bombed the World Trade Center. Such terrorism act indeed disturbs the American political and economic system in a short run. Nevertheless, the loss of the World Trade Center definitely does not make an impact on the American economy. On the contrary, the terrorism action causes a large amount of casualties. Lots of children therefore lose their parents and family members of those victims have to suffer from intense sorrow of loss of a loved one constantly. It is categorically immoral to violate human dignity and deliberately inflict suffering on others, for pointless political ends.

of 9/11. Also, you 'll learn of the secondary economic impacts of terrorism which include effects on

So far, terrorism has been a key obstacle to many foreign nations, as they are struggling to prevent terrorist attacks. From the year of 1997 up to the year of 2003, international terrorist attacks have gone from less than 500 to almost 3000. Overall, global terrorism has grown by almost 1200% from 1997 to 2003. (Johnston 1). This massive increase in terrorism reflects on other nations' lack of control of the safety of their nation. These statistics also show that something needs to be done to protect the

4) What has been the economic impact of terrorism on U.S. and Global Markets since

The United States has been affected by terrorism in many ways. Airport and airplane security has become stricter, the psychological state of American citizens has worsened, and the economy went downhill. Unfortunately, the aftermath of terrorism is still felt in the United States today.

History EssayTopic: TerrorismQuestion: How did terrorism change america?Thesis: Terrorism changed america with improving security, deportation and immigration and spyingCovarrubias JorgePloudePd. 4How Did 9/11 Affect American History?Terrorism has changed not only america but it has also changed the world. America was the target for one of the biggest terrorist attacks, even though there has been many terrorist attacks in america. This made america be more secured. This also made discrimination more common. This got the rate of immigration and deportation to almost double.1The terrorist attack during 9/11 was the biggest attack in U.S. history. The one who caused this attack was was Osama Bin Laden. He was the founder of Al-Qaeda, which was

In conclusion, terrorism affects a lot of people's lives. The effects I stated are people think the U.S is weak, makes people feel unprotected, and leaves people in a bad mood. Hopefully, we can find a way to prevent these attacks and live a more happier

Steptember11, 2001 there were three; airplane’s that have been hijacked by Islamic terrorists. Three planes crashed into U.S landmarks, The Pentagon, North and South ends of The World Trade Center. The attack claimed the lives of 2,996 Americans, including 19 hijackers and caused the deadliest attack in America’s history but also in in Firefighters and law enforcement history as well. Soon after the attack, suspicion for the attack fell on AL-Qaeda the Government quickly responded with The War on Terror and invaded Afghanistan. The man who thought to be behind the attack was Osama Bin Laden. The attack had a significant impact on the economic. In New York City, About 430,000 job-months and 2.8 billion dollars in wages were lost in the three

The War of Terror led to economic problems in the United States. A lot less money was being spent on it's many domestic affairs. The 9/11 attacks introduced a new plethora of challenges. The 2008 financial crisis was still an ongoing predicament; consequently, fewer funds were available to boost the United States out of the economic deficit (Amadeo). This had a drastic impact on the country's unemployment rate. It was at 5.1 percent as of August of 2002 (Yerger). The United States was certainly detrimental in it's economics; nevertheless, various national organizations decided to fight back. In mid-October 2002, the Department of Transportation sent a proposed legislation to Congress in hopes of strengthening security and safety in transportation

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

The Economic consequences of terrorism (Lenain, P (2002) stated that Private businesses suffered profound destruction of assets that was calculated in national accounts to amass to $14billion, state and federal government enterprises suffered a loss in the region of $2billion, what was also astounding to read was that the rescue and clean-up costs totaled to an amount of at least $11billion.

Thesis: The terrorist attack on America has affected the economy, tourism and the foreign society tremendously.