How Terrorism Affects The Us Economy - 2050 Words

Victoria Laboranti Laboranti 1 BA 321 Bill Sciacia March 1, 2015 How Terrorism Affects the US Economy Patrick J. Kennedy was quoted saying, â€Å"Terrorism is a psychological warfare. Terrorists try to manipulate us and change our behavior by creating fear, uncertainty, and division in society†. These divisions in society have detrimental economic effects on both our country as a whole and Americans individually. The effects on the U.S. As a whole are clearer maybe than those that affect us directly. The scary thing is, these effects are so seemingly subtle that we may not even realize that they are a direct or indirect result of terrorist activities. As you read this paper, you will gain a better, more in depth understanding of the snowball effect that terrorism has on our nation and the people in it. I ll delve into the primary effects terrorism has on our country, most specifically and having the largest impact on our society, the terrorist attacks of 9/11. Also, you ll learn of the secondary economic impacts of terrorism which include effects on tourism, foreign investment and trade, stock markets, homeland security and our national income and growth. Any one or combination of these sectors fluctuation due to terrorism affects every single American household in one way or another. Companies and the private sector are also touched by terrorism. Although the U.S tries diligently to put a damper on the strongholds ofShow MoreRelatedEconomic Impact Of Terrorism On Terrorism1645 Words   |  7 Pages Economic Impact of Terrorism Micheal Bonnett Govt/480 December 8, 2014 Thomas Brown Abstract The impact on the economy from terrorist attacks affects everyone in our country and ones we do trade with on a daily bases. When terrorist attack countries they are trying to disrupt the economy and excite fear in as many people as possible to meet the needs of what the terrorist group is looking to achieve. 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