Question

A hypothesis on the project of natural disasters.

Answer 1

1) Disasters do not have any financial implications.

2) Manmade disasters have more significant financial implications than the natural disasters.

3) Preparedness and prevention before the disaster occurrence will not keep the disaster related

costs at the minimum as compared to the rehabilitation after disaster.

4) The government should not invest more funds in tools / equipments / technology for

prediction of disasters (e.g. earthquake predicting instruments) as well as to minimize the

impact of disasters.

5) There is no need to have an effective Information System to assess economic loss caused due to

disaster in any area.