Technology & Environment

Earthquake Disruption on the Economy and Impact on the Market

earthquake-disruption-on-the-economy

Natural disasters such as earthquakes affect several impotent macroeconomic factors that can largely impact the increase or decrease of economic growth. The research in this article shows that disaster preparedness and disaster recovery are two very important factors influencing the extent to which earthquakes impact an economy. This article discusses the impact of an earthquake on an economically advanced economy versus a poverty stricken country.