Economic Losses due to Terrorist Attacks in the United States: Essay

Sample Essay

Words 986

Events that occurred on 11th September have had far-reaching consequences for the whole world in general but especially for the United States of America where the impact has been greatest, affecting the country socially psychologically and economically. The U.S. economy was already in a decline and there was an economic slowdown, however, the events of 9/11, as it has been called, severely affected the projections which were quite positive. As Brian Westbury has observed in his report:

“The costs of 9/11 have never been accurately gauged; however, it is speculated to be upwards of $120.” (Wesbury 1)

In addition to taking many lives, the attack on the World Trade Center also destroyed a lot of material and human capital.  Apprehensions about security have now become dominant, and individuals, businesses, and government are spending more to protect themselves from terror attacks.  Some of the expenditures of these measures will become more obvious in the long run.

At the national level, the main consequence of the attack is largely emotional.  Investment is a very good indicator of a country’s growth and health the investor confidence has been greatly been affected since the terrorist attacks and people are apprehensive about investing large sums. In addition, in a newspaper report it was stated:.

Thank you for visiting and viewing our articles and sample papers. Kindly be informed that all these articles and sample papers are for marketing purposes only. The sole purpose of these articles and sample papers is just to provide our customers with an idea about our services before they place an order.

Kindly visit our order/inquiry page for further assistance.

Kindly order custom made Essays, Term Papers, Research Papers, Thesis, Dissertation, Assignment, Book Reports, Reviews, Presentations, Projects, Case Studies, Coursework, Homework, Creative Writing, Critical Thinking, on the topic by clicking on the order page.


Recent Posts

Get Help on Your Project Papers

We help all students who need quality project writing services We can help students with…

1 day ago

Essay on Vitiligo Treatment

What is Vitiligo? Vitiligo is one of the most annoying skin disease cases that exist.…

6 days ago

Essay: Supernovas

What is a supernova? Supernova is the stellar explosions that outshine entire galaxies for a…

2 weeks ago

Essay: Formation of Nation States

Nation States A nation-state can be described as one that geographically coincides ethnically and is…

2 weeks ago

Essay: History of Video Games

History of Video Games The first ‘video game’ was designed and created by William Higinbotham…

3 weeks ago

Essay: Genetically Modified Foods

Genetically Modified Foods Genetically modified foods are derived from living things that have had special…

4 weeks ago