Question

3. Explain the likely effect of rise in cross border terrorism in Jammu and Kashmir on the PPC of the state economy.​

Answer 1

Terrorist acts can cause ripple effects through the economy that have negative impacts. The most obvious is the direct economic destruction of property and lives. Terrorism indirectly affects the economy by creating market uncertainty, xenophobia, loss of tourism, and increased insurance claims.The physical consequences of terrorism-related acts and violations can include broken bones, soft tissue injuries, disability, long-term, chronic pain and sensory disturbance.