What effects do hurricanes have on the economy?

Answer 1

Depending on the severity of the cyclone, social impacts vary. They can include: * The destruction of buildings, resulting in any number of people suddenly finding themselves homeless * People often have to leave the area which means they suffer the loss of everything they have ever known - home, their possessions, sometimes pets, even some family members. This causes immeasurable grief. * Livelihoods can be lost. The wiping out of businesses or agricultural crops means some families may be left without an income with which to even rebuild. Financial and environmental impacts also vary. Cyclone Tracy caused $837 million worth of damage and destroyed native animals habitats trees and Coastlines. Cyclone Wanda (1974) was not a large cyclone in itself, but it was a significant factor in the 1974 Brisbane floods, which in turn caused untold millions of dollars of damage to homes, families, businesses and infrastructure. Other cyclones, like Tracy, do not bring flooding rains, but the wind gusts create the most damage.

Answer 2

Cyclones in Australia can have any of the following environmental impacts:

• Water supplies may be compromised if supplies are contaminated and pipelines cut.
• Sewerage lines may be cut, resulting in a lack of sanitation, and poisons therefore leaching out into the environment.
• If the cyclone brings flooding, there are the usual problems resulting from too much water, e.g. loss of animal and plant habitats.
• Trees may be uprooted, and animal habitats destroyed. This causes the food chain to be broken, and it can be many months before food chain order is reestablished among the various species.
• Beaches are often strewn with dead marine or coastal-dwelling creatures.
• Litter ends up in the ocean, destroying animals' habitats.
• Many coral reefs, fish and animals can be damaged and can take years to recover.

Answer 3

There are numerous economic effects of tropical cyclones felt by Australians when these cyclones occur. They include: * Reduced income for businesses affected by damage resulting from the cyclone. Farmers suffer from crop damage or livestock losses, and on Australia's eastern coast, this specifically affacts Australia's specialised tropical fruit industry. * Local businesses may have building damage and lose some of their produce. This drives up prices of goods and supplies because they have to be brought in from further away, so the businesses have to pay more for transportation costs. * Sometimes, businesses close down and people are left unemployed. * Tourism stops for the short term. * There are enormous costs - sometimes hundreds of millions of dollars - involved in rebuilding infrastructure and damaged buildings. An example of loss of income and industries unique to a particular area occurred when a cyclone hit the Broome region of northwest Australia on 22 April 1887; a pearling fleet bore the brunt of the storm when thirteen vessels were destroyed and 140 people killed. Another example was Cyclone Mahina, which hit north Queensland on 4 March 1899, and resulted in the greatest death toll of any natural disaster in Australia. It hit a pearling fleet of around 100 vessels which was anchored at Bathurst Bay, driving the boats onto the shore or onto the Great Barrier Reef. 307 people were killed in this one act alone, and only 4 sailors survived A good economic effect can be the development of a new, modern infrastructure and buildings which are better equipped to withstand future cyclones. Redevelopment of completely devastated cyclone-ridden regions can improve property values.

Answer 4

Cyclone Tracy contributed to $837 million worth of damage and destroyed native animals habitats trees and coastlines

Answer 5

An effect that cyclone's have on the economy are that the income for businesses that are affected by them is reduced. Also there are crop losses and less income for farmers.

Answer 6

they make oil prics go up and they can cost billions of $ to repair damage done.