What were the financial effects of the September 11th attacks?
A. The attacks caused a panic in the stock market, and stock prices fell.
B. The attacks helped lift the nation out of a recession, and stock prices rose.
C. The attacks led to a rise in stocks as consumers supported the economy.
D. The attacks had little effect on the stock market or the US economy.
Answers
Answered by
14
A. The attacks caused a panic in the stock market, and stock prices fell.
Answered by
8
The financial effects of the September 11th attacks have caused a panic in the stock market and stock prices fell.
Due to this attack, the insurance loss was around $ 40 billion. This is the largest ever loss that is faced by the insurance companies.
The stock exchange was delayed in NYSE due to the collapse of World Trade Centre and the trading was cancelled on the next day after a second plane was crashed.
Similar questions