Social Sciences, asked by nelaturuakshith, 1 month ago

impact of earthquakes on economy THROUGHLY EXPLAINED please

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Answered by Teddy066
2

Answer:

A typical earthquake reduces GDP per capita by 1.6% eight years later, with substantial heterogeneity by country categories. In particular, low and middle-income countries experience the greatest long-run economic damages while high-income countries may even experience some positive “building back better” effects.

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