The Global Economic Cost Of Terrorism Case Study

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Peace, which has been collecting data since 1997.”
(The Global Economic Cost of Terrorism Is Now at Its Highest Since 9/11)
Damaged goods is a good example of a possible loss, of which could not be easily fixed. Goods primarily include things like books, clothing, food, vehicles, and furniture. Depending on the good and the quantity of the good that has been destroyed, the country could be looking at an extremely large or small problem. Another possible issue that will affect on cost distinction is the cost of buildings that have been destroyed or impaired. A house or a restaurant is an easy fix for the government to pay to have repaired or built to replace the old one.
However, something like a hospital or a skyscraper is not so easily fixed. …show more content…

In Chad, there is only 71,000 tourists each year willing to deal with the rising rebellion terrorists attacks and political instability in the country (The 25 Least Visited Countries in the World). This might seem like much, but it is nothing compared to the millions of tourist the United States brings in every year. Afghanistan only brings in about 17,500 tourists per year due to the terrorist groups residing in that area (The 25 Least Visited Countries in the World). Due to the small amount of tourism in these countries, Chad and Afghanistan’s economy is missing out on a lot of …show more content…

The market struggled getting back up for quite some time.
Terrorism, and the fear of terrorism, has imprinted some everlasting social, psychological, and economical effects in the world today. In the aftermath of terrorism, you can find that the relationships you have with people tend to change due to the new situation at hand. Living under constant terrorism causes a line of social effects in a community. It causes tension amongst a society, making it hard to believe that anyone can be trusted. It also causes extreme and unwarranted prejudice towards innocent people who share the same ethnicity, skin color, and religion as the attackers.
The psychological impact of terrorism is not as obvious as social changes. Psychological changes impact a person the most because their thoughts are inescapable. Not everyone remembers what they had for dinner the night before or what outfit they wore at the beginning of the week, but everyone can remember fear or a time in which they were really scared. Terrorism causes a constant state of fear throughout the world. Even if you are fortunate enough to live in a country without terrorism there is always a constant fear of ‘what

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