What is terrorism? Write the economic consequences of terrorism.answer – InterviewSolution

1.	What is terrorism? Write the economic consequences of terrorism.answer in brief
Answer» 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.

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