which economy suffers the most when disaster strikes
Answers
Answer: Natural disasters are damaging events that include extreme weather such as blizzards, droughts, floods, heat waves, hurricanes, lightning strikes, tornadoes, and tsunamis. They also include non-weather events such as earthquakes, mudslides, volcanoes, and wildfires. In the short term, they cost homeowners and insurance companies billions. They raise food and gas prices.
2018 was the fourth-costliest year for natural disasters in history, according to Munich Re. They cost $160 billion, of which only half was insured. The worst damage came from U.S. Hurricanes Michael and Florence and Asian Typhoons Jebi, Mangkhut, and Trami. They cost $57 billion, of which $29 billion was insured. California wildfires cost $24 billion with insured losses of $18 billion. There were 29 events that cost at least $1 billion each. In June 2019, Congress passed a $19.1 billion disaster aid package.
Explanation:
Answer:
Natural disasters are damaging events that include extreme weather such as blizzards, droughts, floods, heat waves, hurricanes, lightning strikes, tornadoes, and tsunamis. They also include non-weather events such as earthquakes, mudslides, volcanoes, and wildfires. In the short term, they cost homeowners and insurance companies billions. They raise food and gas prices
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