Fact: Natural disasters boost the nations economic growth!
Natural disasters have always been a burden for the human race, and it will continue to be. I am least interested to discuss the many ill effects of natural disasters, Google will give you a gazillion results for the same.We will now see that natural disasters just like coins, got two sides. We will discuss the brighter side of natural disasters, the long term economic side!
Natural disasters stimulate the economy! This is how it does-
Natural Disasters lead to destruction of property, to rebuild which the government spends millions or billions of dollars and use new resources and technologies. hence disasters lead to
Natural disasters stimulate the economy! This is how it does-
Natural Disasters lead to destruction of property, to rebuild which the government spends millions or billions of dollars and use new resources and technologies. hence disasters lead to