The Economic Impact of Natural Calamities: Understanding the Ripple Effects on Global and Local Economies
Posted on October 22, 2024
Natural calamities, also referred to as natural disasters, are acts carried out by the elements of nature, for example, earthquakes, floods, hurricanes, droughts, and wildfires. They take away human lives and property and often have devastating effects on the economy of a country. A natural calamity produces an economic ripple throughout several sectors, from infrastructure […]