April 24, 2013
As Humans beings living on earth we all have to succumb to a natural disaster of some sort. Whether that may be a severe thunderstorm, tornado, hurricane, or a Magnitude 9 earthquake there is always a financial consequence for most of these natural disasters. After a earthquake occurs the country affected by the earthquake has to rebuild and restructure their nation back to where it was before the earthquake occurred. The overall problem is a country that might not have sufficient funds to restructure after a earthquake could be a big problem to how the country can go back to where it was before. My Hypothesis is a country with a low GDP that has been affected by a earthquake, will suffer a longer time than a country with a higher GDP that was affected by an earthquake. Magnitude would mean a lot on the recovery process but I think the country’s GDP is a huge factor to helping the recovery of the country and bringing it back to where it was before the earthquake occurred. If a country does not have sufficient funds to run effectively, it would be hard for them to recuperate from a disaster that has halted the country’s economic processes by destruction, death, and starvation. Method:
The method I plan on using to interpret my data and check the validity of my hypothesis is look at the relationship of countries who had earthquakes in the recent years and look at the GDP of the country before the earthquake occurred and two years after the earthquake struck. The deadliest earthquakes from the years 2004-2011 will be used for the data because these are the earthquakes that caused the most damage and would affect a country’s GDP more drastically. I have chosen 5 countries to study China, Japan, Indonesia, Peru, and Haiti. I chose these countries because there is a vast difference in their GDP and it would show a wide variety of how the GDP could change. Observations:
The graph below depicts the GDP rate before and after...
Please join StudyMode to read the full document