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Explain Why the Economic Effects of Hazards Vary Spatially

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Explain Why the Economic Effects of Hazards Vary Spatially PLAN Introduction- Define Spatial. -how is spatial linked to hazard (a type of classification), link to economic effects. Middle- Spatial and economic effects in LEDC/MEDC. End- Explain why economic effects vary spatially. Spatial distribution is one of the many types of hazards classification that help the scientist predict the hazards relating to where they are lost likely to occur and the impact it will have. Hazards can been classified by their spatial distribution, e.g. MEDC/LEDC or by continent, or even by tectonic occurrence (e.g. plate situation) or climate region. The definition of spatial distribution links to economic impacts, because it is common knowledge that any major hazards that occur in the LEDC is more likely to have an impact, mainly death toll, and loss of livelihood, land, jobs. All these factors can affect the economic activity of an LEDC country; however the MEDC is more likely to suffer severely from a major hazard, loss of power, means loss of trade, loss of transport means, no trade to local businesses. ...read more.


This leads to a conclusion that the economic impact of the LEDC is as follows. Loss of lives means loss of labour for the primary industry, especially the manufacturing industry. This will lead to decreased trade with the MEDC and this reducing the growth and expansion of their manufacturing industry. Their economy will not be able to grow at a faster rate. This will continue to affect the standard of living and quality of lives of the population in the LEDC where the hazard has occurred. The loss of trade could also affect future political decisions of the country, leading to a total downfall of the country in a worst case scenario. In addition, hazards can cause LEDC to become dependent on aid from other nations, mostly the MEDC, this will not give the LEDC countries a chance to grow economically, and improve their basic skills. Hazards can affect LEDC countries massively in an economical way, however, the effects of a hazard on an LEDC country usually involves death tolls. In contrast to the effects a hazard can cause for an MEDC country. ...read more.


In conclusion, the economic effects of hazard vary spatially, because it depends on the city it occurs in an MEDC country. If a flooding were to occur in London city, then the same effects as above may be expected, however the flooding tat occurred this year August 2007, didn't have any significance economic damage to the country. For an economic affect to be truly seen, the hazard has to occur in a primate city. This is one of the reasons why the economic effects of hazard vary spatially. In addition, a hazard in an LEDC country in a country side will not have huge economic effects. The worst effects would be loss of lives and homelessness, which can have economic impacts but not a highly significant one. A flooding in LEDC countryside is likely to enable to soil to become fertile, therefore enabling better crop growth and more harvest yield. However, a flooding in an LEDC city will cause huge loss of lives and damage to building and roads, which will have more economic impact, than if it was in the countryside. Therefore economic effects of hazards vary spatially, due to the location they occur. ?? ?? ?? ?? ...read more.

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