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Hurricane and Its Effect on the Economy

Cole Hranicky

· Hurricane
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Cole Hranicky is a former intern at Gerber Construction and undergraduate studying finance at Texas Tech University, Lubbock, Texas. He has also worked as a lifeguard at the Sandalwood Lake. Cole Hranicky is involved in many charitable activities and assisted firefighters during a Texas hurricane.

Globally, thousands of people lose their lives to one hurricane or another. Sources of income are affected alongside properties, which indirectly affects the economy. It stalls development and disrupts revenue generation in such an area. More so, people may be mandated to stay home for extended periods to enable relevant government agencies to clear the rubble.

Governments spend lots of resources preparing for the occurrence of this disaster and its aftermath. Also, the emergency rebuilding of infrastructure in such cities cost enormous amounts of money. Although there is no one-size-fits-all blueprint for economic recovery, one way to achieve post-disaster development is to understand the challenges and difficulties peculiar to an affected location. That way, relevant authorities can tailor policies and actions to reduce residents' suffering during such moments.