Topic: Flood causing economics crises - page 5. (Read 1374 times)

Flood or any type of natural disaster often causes a huge economic and social impact on the affected country so much so that businesses and other related activities will be put on hold. These are a natural disaster that can occur without any notice. Especially when the right infrastructure are not in place to reduce the impact.

Of course, in my opinion, the flood causes the economy to be hampered, especially if the flood lasts for months because people will certainly not be able to work optimally and of course their income will decrease and some even go on strike because of the flood. so obviously the flood caused the economy to decline.

The deadliest opponent we have is nature. Floods are a common catastrophe that significantly harm the economy. Imagine being unable to go to work, start a business, purchase groceries, compromise the delivery of goods, and many other activities that would undoubtedly result in turmoil and an unbalanced economy that would ultimately cause a catastrophe. How can we then address this? The government should be able to help the affected areas, bring relief supplies and operations, and most importantly, the government should notify the public in advance so that people may get ready for it and limit the harm brought on by it.

I'm not saying that flooding is not a bad thing, but handling it is not as difficult as when dealing with a volcanic eruption. The impact of flooding is
only limited to certain areas and rescue of flood victims can be carried out as soon as possible. Moreover, the recovery from the flood disaster is
also much faster and usually the death toll is not too many. In contrast to volcanic eruptions, the atmosphere is very tense with polluted air and
if there are residential residents it is more difficult to rescue them. The death toll is also quite high, so dealing with volcanic eruptions is indeed
much more difficult. The effect can be very large, the smoke from the volcanic eruption can spread even to very far areas.

Actually, any disaster that occurs is a disaster for human life, and should be used as a lesson for humans to take care of the environment better.
Most of the natural disasters that occur in this world, because of man himself. So hopefully the natural disasters that occur will be a warning to
all of us, so as not to damage our environment. Taking care of nature is not only the duty of the government, but it is the responsibility of all of us.
Let's start doing small things to protect nature , such as not littering, use more environmentally friendly products and reduce the use of vehicles
that use fuel oil. If we can contribute in protecting our nature, natural disasters will not happen much.

Whether or not the body is still going to go through that and with everything costing money, it doesn't matter, the economy is going to be affected because to recover, you need to spend some money.

What do you mean you do not know how much it will cost? I think you have a chance to calculate it after everything that has happened. There's going to be a finite amount. And of course, those affected would have a harder time in life then wouldn't be solved with money. So it's even more complicated.

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That's going to be a different world if that happens. Communication would be slower and the part where people could easily go anywhere would have experienced problems. Those who have worked up not being able to depend too much on technology can probably have survived that. For the temperature of the world, increasing more and more would be brutal. Even the smallest amount would lead to a more disaster zone, IMO.

Floods are very localized, which means that one area can be severely affected while an area just a few miles away is fine, the natural disasters that have the most destructive potential are solar flares and volcanic eruptions, solar flares can affect and destroy our technology and if we ever received a huge one we could be sent to the eighteenth century in a matter of days, volcanic eruptions can be incredibly damaging as well with all the material they release to the air as it can block some of the sunlight and reduce the temperature of the whole world by several degrees and affect our food supply for years or even decades.

The basic idea is that you would have to end up with a situation where you are spending money on something you did not calculated into your finances. Nations and governments have their own finances and that means we are going to end up with a bit of a trouble if we don't have the money for it.

Floods or earthquakes or most other things are hard to calculate, usually can't be calculated so they come out of nowhere and even if there is a fund left for emergencies, you do not know how much it will cost, not the life cost calculated as well because people die on these stuff as well. Hence, it is really impacting the economy a lot worse than people expect, because it is such an unexpected thing.

Only this year we saw record high temperatures in many parts of the world - the thing about climate change is it is going to generate many more extremes. Not just heating up the planet, but also in a few places it will bring extreme cold, along with much more intense storms which may include even faster wind speeds or golf ball size hail. Floods is part of it too, because not only will these extreme storms spread water via rain, which can overflow rivers and dams, but it will combine with rising seas that occur due to the melting icecaps releasing huge amounts of frozen water. It also has a tendency to get worse, faster, because things like the permafrost melting will release a lot of CO2 which traps even more heat inside the atmosphere.

When the Flood comes there will be several impacts that will appear, but here is more precisely discussing the impact of losses on the economy, it can be seen clearly that when the flood comes for someone who has a field and a place for them to do business, of course this flood will destroy everything that is in the area. In the field, it can be concluded that this flood has a very negative impact on the economy.

With a note that this does not apply to every flood, a terrible flood is certainly very detrimental, and do not equate it with a Flood that is not Terrible.

yes... the flood will only affect the economy of the flood-affected area itself. except if those affected by flooding are food producers who export a lot of food goods abroad. then for this reason several countries will also be affected due to producers stopping sending goods to their countries. so that countries that are accustomed to receiving imported food will be dragged into a food crisis and the food crisis is included in the category of economic crisis.

I know that some economists who have studied disasters may not be just flooding, but other earthly effects that destroy parts of the planet have an impact on the economy that you might not have thought about.

If you think about it, governments always have emergency funds whenever that occurs, so when that time comes, they probably overestimate the losses. The difference between the actual would probably go to their pockets. This is for the corrupted government, so that would depend on where you are, but I think that's one way that you could say that it affects the economy since we are talking about lots of money when the nation is involved.

I think floods are less expensive than other natural disasters like hurricanes or earthquakes. Depends on intensity as well, probably.

Due to frontal rains, flooding events are common in south asia. It affects the economy regionally, yes, but not enough to affect the world economy. If these floods were seen in countries such as Europe or America, we would feel much more.

A flood is a natural disaster, of which its outbreak is never always favourable, causing loss of lives, damage to property, and economic drawbacks due to unplanned funds that will be spent on repairs and providing food, and basic amenities to victims of the such flood, which is always the duty of the government. So thats how flood affect the economic of a country as it leads to unplanned spending of money which may have been budgeted for a different project

It looks like flooding will always be part of our suffering every year especially now that climate change remains the problem and the rising level of water. In my country, flooding is everywhere especially in highly urbanized area where there’s no flood control at all, this can affect the economic status since many businesses will be affected. Flooding control is the key and of course taking care of our nature can prevent such calamities, we should start doing this now or else more flooding will occur in the future.

Of course we can't prevent natural causes and it's better that we all need to be responsible for protecting the surrounding environment,
it's important to start at the closest scope and such things still many people ignore it,
this must be done together

whether flooding caused by human activity or caused by nature, of course this can hamper human activities to carry out daily life, and of course because they cannot work then if it occurs for a long time it will disrupt the economy in the area, not to mention the impact on the economy. public health and spread to other fields. Therefore, humans must be friendly with the environment so that there is a harmonious reciprocity between nature and humans

I also feel concerned to see the condition of our brothers and sisters in Pakistan. The flood there is a very severe flood. The economy there came to a halt in the flood-affected areas. even of course there must be many who lose valuable things. even reports of fatalities continue to grow there. On September 3, 2022 alone, the death toll has reached more than 1265 people. and it is estimated that there are now much more.
even I read in the news that Nearly 45 percent of the agricultural land in Pakistan has been damaged by floods. And this condition will certainly greatly affect food security. and this is really a serious threat to the conditions there because it will further increase the inflation rate which is already very high there. I think there the food crisis is really something that deserves attention. and need a lot of help from other countries. I hope that the flood disaster there will end quickly and hopefully the people will be saved by Allah SWT. and hopefully the country can recover. so that people no longer suffer.

Actually, in this case, it goes back to human consciousness itself, when we are still greedy in cutting down trees and doing some actions that should not be done such as not keeping the garbage clean, then this is definitely going to be a problem like this because we know that no matter how hard the government wants it to be. minimize flooding but when there is no awareness from the citizens in the government, this is still something difficult because it just seems like it can't be done.

But on the other hand there are also other factors that make floods exist because indeed if we look at the country of Japan, for example, which in the last few years experienced floods that were quite terrible and claimed lives, it was clear that there were other factors apart from the damage done by humans. such as the high rainfall that occurs and their geographical location which is indeed complicated because most of the area is mountains and hills so that sometimes we find housing on the slopes of the mountain.

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.

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.