Flood causing economics crises

[$anounimus$]

High unemployment and slow growth have become the new normal in the developed countries of the world. The debt crisis in Europe and the slowdown in emerging markets such as India, China, Brazil, and others just added to the losses. It's a classic example of why economics is called the "gloomy science," and why most people have a lower opinion of economists than lawyers or used car salespeople.

[1714025140]

1714025140

[1714025140]

1714025140

[1714025140]

1714025140

[hugeblack]

I witnessed the devastating effects of some floods in some islands in East Asia and some areas in Africa, the effects were devastating as people did not lose their lives according to their source of livelihood and governments did not strive to compensate the affected, which led to the displacement of the population to safe areas and work in marginal jobs away from agriculture, grazing and rural activities.

[Mahanton]

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?).

We know that it cant just be possible for a flood not to subside which means that it would be temporal even if we do say about continous rain but we know that it wont really be pouring out intense for a whole week or even several days which it would really be hard to presume out that these things could happen.It would be just normal that on flood times people cant just go to work or lots of businesses would be closing on that
time but considering on the duration of the said flood then it would really be just temporal and once it do goes down then living would be coming back to normal.
Just common sense that if ever there's no revenue circling around then it would affect the economy.

[aoluain]

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.
 

As regards farming, what is contributing to the problems is the fact that over 30% of arable
land is being used to grow crops for animals which in turn produce a lot of methane/carbon dioxide.
Forestry in some parts of the world is being cleared in order to grow more crops to feed even
more animals. The whole system is messing with the environment and weather systems and
unfortiunately it seems to be the poorest people who are suffering the most. Its also funny
that while some countries may be benefiting economically from the over production of animals
it is creating economic crises for others.

https://www.onegreenplanet.org/environment/livestock-feed-and-habitat-destruction/
https://www.greenpeace.org/eu-unit/issues/nature-food/45159/majority-of-european-crops-feeding-animals-and-cars-not-people/

https://www.theguardian.com/business/2022/jun/11/climate-crisis-inflation-economy-climatenomics-book

Forget Ukraine, coronavirus, corporate greed and “supply chain issues”, when it comes to
inflation the climate crisis is the real, lasting, worry, according to a new book, and one that’s only likely to get worse.

[yhiaali3]

Yes, of course. Look what is happening now in Pakistan. There are major floods in the country. This is causing disruption to the economy in the country, because first of all, the flooding of agricultural lands and the destruction of crops. Also, the disruption of transportation in the country due to the disruption of traffic as a result of water flooding all the streets, chaos and fear prevail People are trying to save themselves and their precious possessions, all this is causing economic paralysis of the flooded country.

[palle11]

Flooding is a major challenge for most countries during the raining times. The activities of humans also contribute to this problem, like the people blocking drainage system with all sorts of used things that they don't care to properly dispose of and during the rain then the drainage are blocked and water has no choice than to find escaping route the effect is flooding in the neighborhood.

[Stella Mese]

In my opinion, floods can make the economy go down because many people have left their companies, for example factories will not be able to operate if the flood lasts for a long time and also many traders cannot trade because of the flood. and there are also residents whose houses collapsed due to flooding, so it is clear that flooding will make the economy collapse, especially if the floods are large for a long time.

[AjithBtc]

Flooding is a major challenge for most countries during the raining times. The activities of humans also contribute to this problem, like the people blocking drainage system with all sorts of used things that they don't care to properly dispose of and during the rain then the drainage are blocked and water has no choice than to find escaping route the effect is flooding in the neighborhood.

Agreed, when the regular rainfall is experienced to be high above the average we'll experience floods. This is quite common, but what makes it worse is the poor planning of infrastructure. In most cases buildings constructed on the waterways deviate the water movement from its regular path towards a new path. In my country this is experienced much and now government have allocated new houses and destroying buildings on the waterways.

[Oceat]

In my opinion, flooding can make the economy go down because many people have gone out of business from their companies, for example factories will not be able to operate if the flood is long and there are also many traders who can't trade because of the flood, and there are also residents whose houses collapsed due to the flood, so it's clear the flood it makes the economy collapse especially if the flood is big for a long time.

I'm curious to how do you connect flood to unable to trade though since trading just need an internet and you are good to go unlike those who has businesses outside that are probably affected by the flood since they can't move freely or the customers are have a hard time to go to the market/malls which means less people, less profit or worst case scenario farmers won't be able to harvest their crops due to flood and probably getting destroyed by the rain in the process. Flood has many effect on the ecosystem thus sometimes connected to the economy.

[Vaskiy]

As you know flood its part of world unfavourable environment. its has bundle of other reactions not in specific areas but around the ecosystem. is flood fetching changing in economics? if yes but how!!!!!

It has a huge effect on the economy and it's hitting the economic situation of a country yearly, especially in low-lying areas which are mostly affected by floods. Most businesses are affected and properties are ruined so it's a big challenge every season. That's the reason why more countries are preparing for the rainy season each year so it won't hit their economy badly by doing alternative solutions to control flooding.

Rather than looking for a solution every year, the countries should focus on developing a permanent solution making necessary infrastructure changes. In India, the IT hub is experiencing the worst of floods in history. Till date the country have experienced floods disturbing the life of people in different states. This is the first time flood have hit Bangalore which serves as the IT hub. This rainy season haven't left any of the countries.

[rodskee]

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!!!!!

you have called out Flood in which mostly a Natural disaster (though many are being caused of abused in nature thats why there are great flood happening) but you did not mentioned about the Wild Fire that causes almost the same specially when happened in valuable places.
in my country alone there are flood happening here and there but nowadays? peoplea re coping up and starting to live with floods lol.

[lienfaye]

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!!!!!

Depending on how severe the flood is. It can affect the local business, the transportation, destroy crops (resulting to food shortage) and the infrastructure. This can affect the economy because it can stop the production of foods, unable the employees to work on their companies and temporary closure of business. If the flood is severe it might take time for the area to recover.

you have called out Flood in which mostly a Natural disaster (though many are being caused of abused in nature thats why there are great flood happening)

Yes sometimes the cause is because of abuse. Before, many places here are full of trees, but now it was develop and replaced with buildings.

[Lubang Bawah]

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!!!!!

The economic crisis occurs in almost all countries, I did not think that economic conditions decreased after more than 10 years of positive growing, Covid and Pandemi that occurred for more than a year certainly made many changes and crises but the main factor that occurred was inflation that was uncontrolled so as to make Many people can't buy.

[n0ne]

The climatic conditions around the globe keeps changing. The reason behind the climate change can be connected to different things. This change in climate is being experienced causing heavy drought in some parts of Europe a rain on the opposite region. Pakistan have got affected heavily. More countries are on the list, but it is limited to specific region and that keeps them hidden from the world.

For now most of the South Asian countries are suffering. The pandemic suffering slowly got decreased and by the time floods have begun to affect the life of people. This is surely down the economic situation of the citizens which combine to affect the nations economy.

[Alisha-k]

The climatic conditions around the globe keeps changing. The reason behind the climate change can be connected to different things. This change in climate is being experienced causing heavy drought in some parts of Europe a rain on the opposite region. Pakistan have got affected heavily. More countries are on the list, but it is limited to specific region and that keeps them hidden from the world.

One key reason for the change in cllimate is man made damages on the environment due to air pollution. Drought some times could be as a result of accumulation of Co2 in the atmosphere due to high consumption of fossil fuels resulting to gas trap in high intensity

For now most of the South Asian countries are suffering. The pandemic suffering slowly got decreased and by the time floods have begunht  to affect the life of people. This is surely down the economic situation of the citizens which combine to affect the nations economy.

The advace effect of growing technology without a check on its effect on the environment. Flood is more of a threat that even pandemics because flood can cause a complete displacement of citizens

[Luqman]

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!!!!!

If the flood happens several times and continuously with moreover high volume, this may give a certain influence on the economics in the area. However, most people cannot do their activities properly and very well because of the flood. A flood is a disaster and many people commonly lost their property and property due to this flood. But in my opinion, if this does not happen continuously with a flood volume that is not too high, then it will not be a big problem. Especially if you are used to it, maybe it will not be optimal.

[KennyR]

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!!!!!

If the flood happens several times and continuously with moreover high volume, this may give a certain influence on the economics in the area. However, most people cannot do their activities properly and very well because of the flood. A flood is a disaster and many people commonly lost their property and property due to this flood. But in my opinion, if this does not happen continuously with a flood volume that is not too high, then it will not be a big problem. Especially if you are used to it, maybe it will not be optimal.

At some point people will get used to it. During this period we won't be able to do things as planned and make preparations earlier. When the normal life changes automatically the earning gets disturbed. Just the pandemic days are the example. People affected from normal life and the economy got busted. It is the government's that needs to have the infrastructure developed to keep things in control even when there is unexpected floods, though human innovation can't stand against the nature.

[Duzter]

Governments need to have active plans. If we're with prior planning we can able to withstand to some level. By the time things might come into control. Floods are happening all around, but the people are much affected on specific regions and countries. Actively developing the requirements to identify flood and taking measures will lower the effect. Now it looks like Japan have got the best infrastructure to stand against flood.

[Ahli38]

All disasters directly and indirectly will greatly affect the economic sector. one of them is flood.
Prolonged flooding can paralyze the economy of the flood-affected area itself. the economy will slowly collapse. even food stocks will run low. and eventually the flood-affected people will need outside help.

Floods can also occur in rural areas. such as in wheat fields and other agricultural lands such as vegetables and rice. Many farmers fail to harvest. and this will result in the scarcity of agricultural production. And that's where the price increase will start. as a result of soaring demand but drastically decreasing production yields due to flood-affected areas will experience crop failure.

The direct impact will be felt by farmers because they experience losses.
And the indirect impact will be felt by all people. due to crop failure, farmers will reduce the supply of food in the market. which will result in scarcity and price spikes will continue to be felt.

even if the flood turns out to continue. then there will be a plague that spreads. whether it's skin disease and the like. from here there will be a lot of miserable people. especially those directly affected by flooding. and government assistance is needed.

so the government will use government emergency funds to help flood victims. sometimes funds for state development will be diverted temporarily and channeled to aid flood victims.

so basically all kinds of natural disasters, will always have an impact in all sectors of life and the economy one of them.

[RockBell]

Floods are not good for the environment, are hazardous to life, ruin property, leave many people homeless worldwide, and have become an issue for the government that is difficult to solve. Most of this is a result of our actions; climate change, flooding, the loss of cultivated plants, and a reduction in the availability of food all have a significant impact on the economy.