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Impacts On The Economy
Charmaine Pierce
The environment and financial zones of the economy seem to be affected by the amount of flood damage cleanup that needs to be done over the past years' many floods. When a home or building is affected by a flood most people don't think it can affect an entire town, but it actually does if the people don't have time to take part in flood damage cleanup.
Every year, families have to move to different locations; sometimes, even to a different city when they run into various issues during flood damage cleanup. This means that the economic standards of the local area changed because another home is lost, and another job is transferred somewhere. When you take a look at how flood damage can affect an entire town over a larger scale it does eventually sum up to be a major impact on the town's economic standards compared to how it was before a flood. Usually if there is a massive flood, there is much more damage involved and many more people having to move, leaving the town to have more of a financial impact then it did before the flood.
There are times when subdivisions are hurt by floods, leaving residents of an entire subdivision out of homes. Many of these residents would take the chance to move to a new area, leaving the government to spend for all the damages and clean up. This will then use up tax money from the town, and with the families leaving to another city or state they are not lose the chance of earning any tax money from those families.
One great example of economic damages due to flood damage cleanup was when Hurricane Katrina ripped through New Orleans leaving thousands homeless and at loss causing many to have to move to other areas of the country. New Orleans was a main area that offered many services to the surrounding cities and states because of its proximity to the Mississippi River. But once everyone abandoned the town everything was shut down, causing grief not only to New Orleans, but all other cities and states that relied on their products and services.
This really shows how flood damage can really affect the entire state at one point in time, and the flood damage cleanup that begins shortly after a flood costs much more then most would expect. Millions of dollars has been used to take part in the flood damage cleanup of New Orleans, and it is still yet to be completed.
One of the main reasons that cause people to ever venture throughout the world is Mother Nature. She costs governments millions of dollars each year for repairs of cities and states, but there is no possible way of ever stopping her. Everyone will have to hick up their boots and do their part in flood damage cleanup each year to save themselves a few extra tax dollars every year. After many years since some of the most traumatizing flood damage cleanups, people are still feeling the financial effects it's had on them, and will for many more.
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