Flood causing economics crises

[gm786]

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!!!!!

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[mk4]

Isn't it obvious though? There's a negative economic effect due to local businesses not being able to operate properly, and probably employees not being able to work (obviously due to the floods). A flood in itself wouldn't cause an economic crisis unless it's a greatly prolonged flood though(probably months?).

[bittraffic]

is flood fetching changing in economics? if yes but how!!!!!

Of course. Just see what happens to a wheatfield when it's flooded.

While there are floods in some countries, there is also drought everywhere. Both can bring same difficulties to the lives of the people, this is very interesting events actually as they also occur while we are all experiencing wars, geopolitical crisis and economic shift. If you wear your tinfoil hat to connect them all, do you think someone out there controls the weather?

[jossiel]

Yes.

There is a big factor that flood do affect the economy. Imagine those transport of goods that should be on the right time for delivery and the same goes for the travel and commute of office workers and other things that needs to be transported.

The delay of their transport is also causing a delay of the money that flows in the economy of a country. That's why huge flood control projects must be implemented and the climate change also has something to do with this. But mainly, one cause of flood is due to the trash and garbage congesting the flood ways.

[Moneyprism]

depending on the intensity of the flood,, if it is on a large scale of course it will create an economic crisis because it will hamper people's activities and make many shops close and even destroy many important facilities ... but if it is small, flooding does not seem to cause an economic crisis

[Republikcoin.com]

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!!!!!

Flood is a disaster caused by human activities in the vicinity and it is clearly detrimental to the environment and the economy of the community because every community cannot carry out their activities as usual before the flood begins to recede or disappear. If you have ever experienced flooding in your area, then you must have seen how transportation has stopped and traditional traders have been prevented from selling their goods to the market. It is a disaster that is clearly not desired by everyone including the rich around you. Because no one wants to live in a flooded place and also in a dirty and unhealthy environment.

[Dunamisx]

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!!!!!

Definitely flooding is causing a big trauma on the progress of business operations which directly affect the economy system of the affected region, but here i will like to blame the government for their lack of adequate planning against flood disaster and management strategies, although we still have alot to blame on the people as well contributing to this from their human activities but nevertheless government has the power to enforce change and exercise authority on specific areas that needed crucial attention with a warning signs of flood disaster, but due to abuse on freedom by the people and lack of proper administration of concerned strategies by the government in tackling flood, the said incident occur and cause alot of damage to the society.

[Obito]

The damages in properties is the obvious one, in terms of economics, it can disrupt productions in factories affected, destroy crops thus shortage in supply for food or raw materials and loss of lives which means a damage in manpower and causes loss in productivity.

[avikz]

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!!!!!

That's quite obvious! A third of Pakistan is underwater. Many other countries are also on the risk of getting flooded due to global warming. The more flooding will occur, more and more crops will get destroyed which will result in significant reduction in production. All are linked to be honest!

Smaller countries will have to spend significantly more to secure food grains going forward. Also with Ukraine (largest producer of wheat) unable to produce required amount of wheat, the supply will eventually suffer big time!

[aoluain]

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!!!!!

Flood is a disaster caused by human activities in the vicinity and it is clearly detrimental to the environment and the economy of the community because every community cannot carry out their activities as usual before the flood begins to recede or disappear. If you have ever experienced flooding in your area, then you must have seen how transportation has stopped and traditional traders have been prevented from selling their goods to the market. It is a disaster that is clearly not desired by everyone including the rich around you. Because no one wants to live in a flooded place and also in a dirty and unhealthy environment.

The global weather is being affected and changing globally because of all our activities.

The worst scenario for people relying on farming is drought followed by heavy rains. The
ground is baked hard and when the rains come there is minimal soakage so the water runs
off the land to lower areas causing floods.

How farming use the land does not help the cause and the effects of the floods hits the local
economy massively from loss of crops, loss of employment and the cost of rescue
and rebuilding.

[noorman0]

-snip-
is flood fetching changing in economics? if yes but how!!!!!

Maybe that's it, but only has an effect in certain cities for a few short days (especially lowlands) and that usually can be quickly addressed by the local government. Instead, I have never heard that floods have sank the agricultural sector all over the country so as to paralyze their economy.

[Yatsan]

Isn't it obvious though? There's a negative economic effect due to local businesses not being able to operate properly, and probably employees not being able to work (obviously due to the floods). A flood in itself wouldn't cause an economic crisis unless it's a greatly prolonged flood though(probably months?).

Not to mention the damages or losses caused by flood itself especially to those places wherein some cases are really devastating. Given that there are obvious negative effects, it is not a hidden idea that it is not solely flood which is affecting a country's economy. It could also be how leaders of those countries manages or handles such situation. So If I would be asked, governance is the bottomline and is the biggest factor that would reflect to one economy, no matter what natural/man-made disaster comes.

[rahmad2nd]

Floods can cause losses to an affected area. floods that occur will damage anything that is encountered, especially rice fields, or agriculture that are entering the harvest period. Floods in areas in rice fields will certainly cause crop failure, floods can damage infrastructure. Floods will hamper the traffic of an area, especially in the distribution of food or logistics, causing the supply to be disrupted.
In this condition, when demand is greater than supply, it can cause an increase in the price of various commodities. or an increase in the inflation rate this will have an impact on increasing the prices of various commodities so that they contribute to the inflation rate.
but the flood itself will not cause a country's economic crisis.
In some areas of my country, flooding is common and usually occurs almost every year during the rainy season.

[Gozie51]

One of the things that can lead to low agricultural produce is flood because a community that is prone to very bad flooding will not be able to grow crops and not to even harvest anything that year therefore that will lead to low turnout of agricultural products. This flood caused some food shortage is some community especially riverine areas because they are surrounded by water and any little rainfall will distabilize the agricultural ecosystem. We can't discuss flood without knowing one factor that has led to increased flooding experience globally and this is environmental changes.

[Agbe]

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!!!!!

Flood is one of the bad experience in human life and not only in human but also living and non living things. Because that is a natural disaster. There are some floods that are caused by human beings by blocking the drainages or from the federal government by opening the dam and one thing I discovered from flooding in Africa, Companies benefit from the disaster, mostly, matrass (Foams) Food etc. Government also make money from flood because in the flooding period any amount of money that is spent in the flood period it does not count for because it is a disaster period. So government Ministers of disaster always used this opportunity to embezzled the money that is budgeted to help the victims of the disaster. Human beings are displaced by flood disaster. Schools are closed Farmers and Fishermen are suspended.

[SirLancelot]

The global weather is being affected and changing globally because of all our activities.

The worst scenario for people relying on farming is drought followed by heavy rains. The
ground is baked hard and when the rains come there is minimal soakage so the water runs
off the land to lower areas causing floods.

How farming use the land does not help the cause and the effects of the floods hits the local
economy massively from loss of crops, loss of employment and the cost of rescue
and rebuilding.

All things that are too much is considered to be bad. Farmers or their plants rather will need a sufficient amount of sunlight and water (rains) so that they can grow their crops healthy but because of what some people are doing (bad things which affect the environment) this breaks the balance of the weather.

Sometimes we feel too hot and sometimes too cold or too much rains, which is not good for those who have a farming business. When people starts littering around, that is also the number one cause of floods. Floods are very damaging not only to the farmers or their crops but also the people who are going to be affected with it.
 

[lucates]

Obviously, now Pakistan has been betrayed by rain. It has been called the worst monsoon in more than 3 decades. The government was caught off guard as it was equipped. The economic crisis has rained its coffers. Islamabad lacks the resources to deal with a tragedy like this. They are asking people to donate money. Pakistan needs all the help it can get at the moment. Every time, unexpectedly, when the global climate hits, a country will face an economic crisis. Developed and developing countries are affected differently.

[AmoreJaz]

Obviously, now Pakistan has been betrayed by rain. It has been called the worst monsoon in more than 3 decades. The government was caught off guard as it was equipped. The economic crisis has rained its coffers. Islamabad lacks the resources to deal with a tragedy like this. They are asking people to donate money. Pakistan needs all the help it can get at the moment. Every time, unexpectedly, when the global climate hits, a country will face an economic crisis. Developed and developing countries are affected differently.

Oh God! I have seen on instagram and in news too- people were devastated. But I was impressed to see the determination of Pakistani people and the way they all stepped fwd in the time of need.
There were picture circulation on social media - the young children where opening their small money boxes for making donation for the affected people

in times of crisis like this, you will see that there's still humanity left within us. it is no surprise however, to experience this type of environmental disaster because of the climate change that we are experiencing. so in our own small way, we can contribute in lessening envi pollution. it is not too late to act now. we should not wait for government initiatives but we can already start our routine change in our home. always remember the concept of zero waste, and i believe that's more than enough to contribute in taking care of our environment.

[Duzter]

The world is facing the worse, in one part of the world it is flood and the next region it is drought. For now Asian countries are getting affected by floods and Western countries are affected by drought. Surely the floods and drought have its role in the economic crises. The impact can be experienced much high on countries that are already into bad economic situation. For now Pakistan looks so bad, and the floods are affecting it go even worse.

[davis196]

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!!!!!

Does natural disasters (not just floods) change the economy in the long term? If we are talking about the production facilities, no.
Natural disasters will change the infrastructure and the house building industry. Future buildings and houses will have to be rock solid and they will be built in order to be resistant against all sorts of natural disasters- floods, earthquakes, fire, etc. The increased safety will come at a greater cost. The insurance industry will also have to pay more for the damages caused by various natural disasters.
The economy would be shifting towards less fossil fuel consumption and more renewable energy, but I don't believe that this would change the process of global warming in the short term, which means more floods and hurricanes in the future.