It can lead to negative effects on the economic activity and can even cause a recession.
Industrialization indostrailisim Drought rising crop prices
Severe drought, stock speculation, and banking crises contributed to the economic turmoil of the Great Depression in the 1930s. The drought devastated agricultural production, leading to widespread crop failures and food shortages, which exacerbated economic instability. Stock speculation inflated asset prices, resulting in a market crash when the bubble burst, while banking crises undermined public confidence and led to bank failures. Together, these factors created a vicious cycle of economic decline, unemployment, and social hardship.
A scarce commodity used in the context of an economic system is something that there is less of than what is needed. Examples are gasoline during a gas crisis, wheat after a drought, etc.
Human activities such as overgrazing, over-cultivation and the collection of firewood can lead todesertification, particularly when combined with drought conditions.
It can lead to negative effects on the economic activity and can even cause a recession.
Drought and flooding.
flooding
migration of animals
Very little given they're in drought!
In Australia, drought and flooding
animal migration.
The term for abnormal dry weather that is sufficiently prolonged is "drought." Droughts can have serious impacts on agriculture, water supply, and ecosystems.
Migration of animals
"Even with the abnormal drought in the South, many rivers overflowed their banks." "The rise in gas prices led to an abnormal number of gasoline theft reports." "The abnormal color of the grass suggested soil contamination."
Animal migration or Migration in animals
Examples: flooding, earthquakes, frost, drought, land slides, pollution.