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A drought can significantly impact the economy by reducing agricultural output, which can lead to higher food prices and decreased food security. This reduction in crop yields may also strain farmers' incomes and increase the cost of raw materials for food processing industries. Additionally, drought can limit water supply for industries and households, potentially leading to increased operational costs and reduced productivity. Overall, the ripple effects can slow economic growth and increase inflationary pressures.
What else can I help you with?
In 2012 had a significant effect on food prices?
drought conditions in the midwest
How does farming effect the economy?
Farming affects the economy is an extremely large way. Without farming the economy would collapse because food is a thing that humans will always need and buy.
How does bushfires effect economy?
the economy looses millions of dollars paying for repairs
What effect does new technology usually have on an economy?
It makes the economy stronger and more efficient.
When the price of copper goes down how does that effect the economy in Chile?
The economy of Chile suffers
What is an economy called when it is based on drought resistant herbs?
An economy based on herbs of any type would be agricultural.
How would a drought affect green sea turtles?
A drought would have little or no effect on them, because they live in the ocean, which droughts cannot affect.
What effect would a severe drought have on the population of antelope?
the antelopes will all die because of no food
What does an El Nino effect?
Drought.
How would this effect your economy if the American government were to stop funding?
The economy would eventually get stronger, there would be plenty of jobs, and the economy would be thriving and growing. Not under the current president, I am afraid.
What is the effect of removal of oil subsidy on the Nigeria economy?
Effect of fuel subsidy removal in nigeria economy
What effect do droughts have on the society?
they have deaths and crops fail to grow if it does rain when there is a drought there would be little water to remoisturize the ground.
What effect has drought and overgrazing had on west Africa?
Drought and overgrazing has had such a detrimental effect on west Africa in many ways such as lessening the food supply for all the natives living in that area.
Which change is an environmental effect of building dams?
flooding
What breaks a drought?
Rain would end or break a drought.
What do you call a long period of extremely dry weather?
it would be called a drought
In 2012 had a significant effect on food prices?
drought conditions in the midwest
