Hello! Socratic's Terms of Service and Privacy Policy have been updated, which will be automatically effective on October 6, 2018. Please contact hello@socratic.com with any questions.

How can natural disasters affect the economy?

1 Answer
Mar 9, 2018


See below.


Natural disasters cause a lot of damage, so obviously the government has to pay for those damages, which could cost millions of dollars depending on how widespread the damage is, which would have a major impact on the economy, since the money is being spent at such a rate.

Hope it helped (: