Where might the public see evidence
2007-08-26 06:09:06 · 8 answers · asked by girl 1 in Politics & Government ➔ Elections
Are you asking if economic factors cause floods, earthquakes,tornados, etc...?
If so, the answer is no.
How could they? Are you on drugs?
2007-08-26 06:14:12 · answer #1 · answered by Douglas K 2 · 1⤊ 1⤋
Natural disasters have an effect on the economy but it is not directly tied to inflation/deflation. That is dictated by the response of the market and the affected government. It could go either way, it could be unaffected.
2007-08-29 07:27:52 · answer #2 · answered by splurkles 3 · 0⤊ 0⤋
Doesn't the word natural mean that it was caused by mother nature?
These have occured for milennia if you want to take the task on of trying to figure out mother nature then good luck with that.
Inflationor deflation is that even a term, never heard of it, I know people are creative and like to make stuff up but really could you not offer a little insight as to what you are talking/asking about?
2007-08-26 13:15:22 · answer #3 · answered by Neptune2bsure 6 · 1⤊ 1⤋
you are talking about the local economy right?
Natural disaters or man made disasters, whether it be environmental or related to our infrastructure cause panic dont they? When a building gets bombed by a plane, or a flood wipes out a local area we panic, and therefore so does the man at the stock exchange to a lesser degree, people start seeling off stocks in insurance companies etc and people start investing in gold and cashing in alot of their investments in fear of some sort of armageddon. Thsi can lead to a recession in growth, people are scared to invest in anything slightly risky. this is usually very short termed, being for a couple of days or weeks at the most. After which the money markets and businesses go back to normal after we stop panicking.
2007-08-27 01:26:02 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Neither. A unit of currency is simply another good that many people are willing to accept as a trade. Lots of things have been used as currencies. In prisons cigarettes are sometimes used as currency. From the perspective of an economist if I walk into a McDonalds and buy a hamburger for $1.00 it makes little difference whether you say I am buying a hamburger with $1.00 or McDonalds is buying $1.00 with a hamburger. The laws of supply and demand apply to currency just as they apply to any other good or service. Inflation is caused when there is more currency in circulation compared to the demand for it. Deflation is caused when there is less currency in circulation compared to the demand for it.
If you would like to learn more about economics you can listen to podcasts and read articles about it at http://www.mises.org
2007-08-26 14:01:40 · answer #5 · answered by Anonymous · 0⤊ 1⤋
What? We cannot prevent natural disasters. Are you serious
2007-08-26 13:23:44 · answer #6 · answered by RedWhite&Blue 4 · 1⤊ 1⤋
The law of supply and demand is operative. As supplies dwindle, prices rise and lead to inflation.
2007-08-26 13:29:41 · answer #7 · answered by Anonymous · 0⤊ 2⤋
Inflation. Go to lumber yards and hardware stores after storms hit and see what happens to prices.
2007-08-26 13:17:16 · answer #8 · answered by regerugged 7 · 1⤊ 2⤋