As you know flood its part of world unfavourable environment. its has bundle of other reaction not in specefic area but around ecosystem. is flood fetching changing in economics? if yes but how!!!!!
Yes, flood is a natural thing that occur, it is affecting the economy directly or indirect. All 97% of flooding causes economics down ward, it brings down the economy of a place. Just of recent it happens in my community, normally it always happens but this time around it has surprised everyone because we lost more than 100% of our farm products and equipment.
I don't think flooding is a completely natural thing but today the accidents we call natural disasters, floods, earthquakes...are increasing and becoming more and more aggressive year by year. This is largely due to human impact, industrial zones, tall buildings, logging, deforestation, mining...All of this has caused the climate to change rapidly and now we are suffering the consequences that we have caused for many years.
Where I live, known as the highlands, the mountains 10 years ago never had floods, but now things are slowly changing. Heavy rain, high winds, tornadoes, the likes of which we have never seen before, appeared.