Quote from: Frankolala on October 24, 2022, 02:33:37 PM

Quote from: gm786 on September 05, 2022, 06:59:01 AM

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!!!!!

It will not affect the economy of that country but it will only affect businesses and cost of living to be high in the affected area.When the flood is high,it must affect businesses and some persons might even lose their lives. People will find difficult to carry out their various activities such as workers going to work,students will not go to school, it might even displaced the people whereby, they leave their residents and go to a government camp built for flood victims and making life difficult for them at the period.

Sometimes when the flood gets high to the an extend,it can even damage the road,this make transportation of goods into and out of the state,which will lead to inflation in prices of commodities. The longer the flood, the more damage it does to businesses in that area. Some business will even shut down for a flood breaks

I don't think so, floods have an effect on a country's economy. If your country is an exporter of agricultural products, floods or extreme weather will destroy crops, lose crops, people have no harvest, affect exports and drag the national economy in a bad direction. The people are rich, the country will be strong, the power of government comes from the prosperity of the people.

After each disaster, crop failure, the government will have to intervene to help people improve productivity, as well as land to create a bountiful harvest. Without this interaction, the people would fall into poverty and the government would soon collapse. Floods or natural disasters are no different from other crises that cause economic loss or loss of life, affecting the development of the country.