War on Terror Essay Example | Topics and Well Written Essays - 750 words - 1

War on alarm - Essay Exampleand all of the countries it trades with. The federal government, in what some might term a knee-jerk answer to the attack, declared a war on terror to justify the military initiative de jour and the spending of strange amounts of money on questionable programs and ventures in an effort to provide security to its citizens.The terrorist attacks of Sept. 11 were on U.S. vulgarism but resulted in severe repercussions regarding not just national economy. On that day and for about a year and a half prior, the major economies of the cosmea were teetering on the edge of at least turning point conditions and many were close to a full-scale depression. The attacks prevented any perceived or real economic upturns that were predicted wedded the factors present at that clipping. The event destroyed lives and property, annexd government spending at a time when the country could ill afford the excessive expenditures and squelched corporate and consumer confidenc e which further slowed the economy and hindered the recuperation efforts. The events lasted over a period of a couple of hours but its affects are still being matt-up all over the world. The heightened insecurity regarding terrorist acts and its effects on the economy worldwide continues to give worry to investors and businesses which barely serve to further cripple the economies of most countries.The attacks of Sept. 11 also had an instantaneous negative economic enchant on the financial and corporate sectors worldwide. Many companies either closed or scaled back which caused an increase of unemployment and a resulting decrease of the tax base. This lack of consumer, corporate and government monetary resources was not good tidings for countries that depend upon exporting products to the U.S. for economic stability such as the Asian ports located in Thailand and Singapore. Regions of the world that