Bitcoin Forum
May 22, 2024, 09:40:11 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 [7]  All
  Print  
Author Topic: Flood causing economics crises  (Read 1369 times)
dothebeats
Legendary
*
Offline Offline

Activity: 3654
Merit: 1353


View Profile
October 23, 2022, 10:59:42 PM
 #121

Flood causes tons of industries to crumble, leading up to short-term economic crisis when things aren't patched up as fast as possible. People can technically recover from it, but it will be hard for businesses to do so, most especially if their products are wasted by the flood. It will lead to a lot of loans, lots of insurance claims, and lots of uncertainties leading to a mini collapse in the economy of the flood-stricken area.

Flood is also the reason why a lot of "flood-free" lands are being reclaimed with higher premium than others. The higher initial investment outpaces the possible losses over time due to flooding. Then again, flooding will always be a constant problem for us, since no one is safe from Mother Nature, especially if all of our forest areas and other important natural defenses are being stripped out of resources to fulfill our needs.
Frankolala
Hero Member
*****
Offline Offline

Activity: 714
Merit: 524


Leading Crypto Sports Betting & Casino Platform


View Profile
October 24, 2022, 02:33:37 PM
 #122

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!!!!!
It will not affect the economy of that country but it will only affect businesses and cost of living to be high in the affected area.When the flood is high,it must affect businesses and some persons might even lose their lives. People will find difficult to carry out their various activities such as workers going to work,students will not go to school, it might even displaced the people whereby, they leave their residents and go to a government camp built for flood victims and making life difficult for them at the period.

 Sometimes when the flood gets high to the an extend,it can even damage the road,this make transportation of goods into and out of the state,which will lead to inflation in prices of commodities. The longer the flood, the more damage it does to businesses in that area. Some business will even shut down for a flood breaks

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
odunybiz
Full Member
***
Online Online

Activity: 644
Merit: 122


View Profile
October 24, 2022, 10:41:52 PM
 #123

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 seriously has a negative impact on the economy.

Checking out this picture, can someone in this environment be able to do any business transaction. When transportation is been disturbed, it affect alot in the economy as worker won't be able to go to work. It disrupts economic processes and causes a food shortage. businessmen/businesswomen will be unwilling to invest in disaster-prone areas. This make the development of such areas standstill.
odunybiz
Full Member
***
Online Online

Activity: 644
Merit: 122


View Profile
October 24, 2022, 10:47:31 PM
 #124

Yes.

Imagine those transport of goods that should be on the right time for delivery

Flood causes food shortage and wastage. Farmers especially farmers planting perishable goods are at high risk here. Transporting their farm produces become difficult and this may lead to the spoilage of the products.
jossiel
Hero Member
*****
Offline Offline

Activity: 2996
Merit: 632


Seabet.io | Crypto-Casino


View Profile
October 24, 2022, 10:58:07 PM
 #125

Yes.

Imagine those transport of goods that should be on the right time for delivery

Flood causes food shortage and wastage. Farmers especially farmers planting perishable goods are at high risk here. Transporting their farm produces become difficult and this may lead to the spoilage of the products.
That's true and also don't forget about the destruction of their fields. That's likely to happen when there are floods unless they're from a high area which won't be reached by those floods.

If someone will just look at it, it seems that there's no impact at all. But think of it if that happens to many farmers and other people that are transporting goods and are part of the business.

There's a massive cause that's being affected by the floods.

Ani1985
Member
**
Offline Offline

Activity: 219
Merit: 15


View Profile
October 26, 2022, 10:10:26 AM
 #126

Another flood and natural disaster is a serious problem that can cause a food crisis so that it will make the price of food skyrocketed and become the beginning of inflation, when flooding certainly causes damage to agriculture and buildings.

⬣⬣⬣⬣⬣⬣⬣⬣    ⬣⬣⬣⬣    ⬣⬣    ⬣     C O M B O     ⬣    ⬣⬣    ⬣⬣⬣⬣    ⬣⬣⬣⬣⬣⬣⬣⬣
A leading provider of scaling solutions for Web3 game developers
|      Twitter      |    Telegram    |     Discord     |     Medium     |      GitHub      |
KaliLinux
Hero Member
*****
Offline Offline

Activity: 1344
Merit: 565


View Profile WWW
October 26, 2022, 10:56:30 AM
 #127

Floods and natural disasters can certainly be the cause of crises, especially the food crisis, many agricultural lands are damaged resulting in crop failure, this makes us always have to protect the environment so that floods do not occur.
That is definitely true. Natural disasters like typhoons are one of the burdens and struggles that the agriculture industry has been facing each year.  The damage won't only affect the farmers but also the local market as the agricultural supply lessens. Natural disasters are unstoppable but I hope the government will still do alternatives so agricultural properties will still be saved during unexpected disasters. Every individual has their role in saving the environment as well so as much as possible we should value it because we don't know the real effect of flooding on the lives of our poor farmers and agriculturist.
During the month of Sep - Oct, during monson there were so much rain in Asian region that Pakistan and India were badly affected by flood
this was the worse flood in the history of Pakistan the whole region was affected by the flood and surly that resulted in the crisis
And most states in Nigeria are currently going through the same flood problem now after the heavy downpours over a number of days and the release of water from the Cameroon's Lagdo Dam which has resulted to the effect of what is being seen across most Nigerian states disrupting all economic activities in those sates and by extension other states.
This is Bayelsa State in the southern part of the country.
JoyMarsha
Sr. Member
****
Offline Offline

Activity: 812
Merit: 354



View Profile
October 27, 2022, 06:08:21 PM
 #128

Flood is another type of human or natural disaster that can be destabilize the economic flow of a state or country. Whenever a flood occurs in a particular place, there is every tendency is going to destroy many things(properties, farmlands, animals, roads etc). A place that has experienced flooding hardly be the same in terms of economic inflow and outflow of goods and services. That's why the government and non-governmental agencies do come to their aid to rescue, support and encourage them because on their own, they are helpless, and can't do anything for themselves due to how displaced and disorganised they seem to be



Ladies.de███████████████
████▄▄▄███████▄▄▄▄
▄███████████████████▄
██████████████████
████████████████
▐████████████████▌
░████████████
░███
███████████████
▐████
██████████████▌
░█████
██████████████
██▀███████
█████████▀
███████████████████
██████████████████
▬▬▬▬▬▬▬▬
LadiesStars
▬▬▬▬

  

██████▀█████████
███████▀███████▌
█████████████
██████████████████▄
█████████▐█
█████
██████████████████▌
███████▄██████████
███████████████
████▄█████████
████████████████▌
████████▀░███████
░█████▀█████████
████▀██████████
rokok lokal
Member
**
Offline Offline

Activity: 120
Merit: 25


View Profile
October 28, 2022, 05:31:23 AM
 #129

We have seen that floods have given new challenges to the common man. Though they do not cause an economic crisis due to their temporary nature, it is a different matter when such crises shift from one country to another and spread infection globally. As such, we should take preventive measures against such potential disaster.

The answer is no, flood is not the cause of economics crises but it results in affecting poor communities and helps to grow economies of developed nations.

██████████████ ███████ █│     S y n t r u m     │     JOIN NOW     │█ ███████ ██████████████
►   Blockchain Infrastructure for DeFi, Gaming and NFT   ◄
██████████████       |       Twitter       |     Telegram     |      Medium      |       ██████████████
348Judah
Hero Member
*****
Offline Offline

Activity: 728
Merit: 527



View Profile
October 28, 2022, 07:51:11 AM
 #130

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!!!!!
Flooding is fetching a lot of economics crises because we experienced big flooding this time around. It damaged a lot of things like rice farm, properties etc. It is factor that affecting economy


This year flood is taking a nee dimension as mkst of the major dams were full already, alarm had been sent to those living close to such areas suspected to be affected by flooding, by now i expect people to have been making moves for evacuation from thos areas in bid for prevention while the government as well are expected to begin adequate precautionary measure to tackle any further disaster that might come in through flooding.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
Smack That Ace
Legendary
*
Offline Offline

Activity: 1792
Merit: 1094


Assalamu Alekum


View Profile
October 28, 2022, 08:22:29 AM
 #131

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!!!!!
It will not affect the economy of that country but it will only affect businesses and cost of living to be high in the affected area.When the flood is high,it must affect businesses and some persons might even lose their lives. People will find difficult to carry out their various activities such as workers going to work,students will not go to school, it might even displaced the people whereby, they leave their residents and go to a government camp built for flood victims and making life difficult for them at the period.

 Sometimes when the flood gets high to the an extend,it can even damage the road,this make transportation of goods into and out of the state,which will lead to inflation in prices of commodities. The longer the flood, the more damage it does to businesses in that area. Some business will even shut down for a flood breaks

I don't think so, floods have an effect on a country's economy. If your country is an exporter of agricultural products, floods or extreme weather will destroy crops, lose crops, people have no harvest, affect exports and drag the national economy in a bad direction. The people are rich, the country will be strong, the power of government comes from the prosperity of the people.

After each disaster, crop failure, the government will have to intervene to help people improve productivity, as well as land to create a bountiful harvest. Without this interaction, the people would fall into poverty and the government would soon collapse. Floods or natural disasters are no different from other crises that cause economic loss or loss of life, affecting the development of the country.

Sayakaaja
Jr. Member
*
Offline Offline

Activity: 98
Merit: 3


View Profile
December 06, 2022, 01:27:01 PM
 #132

Floods can destroy anything, especially if the flood is very big, it will sweep the whole place and make everyone suffer.
Pages: « 1 2 3 4 5 6 [7]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!