Maule Earthquake
One of the largest Earthquakes in the world occurred on February 27, 2010. This Earthquake, known as the Maule Earthquake, took place on the offshore of Bio-Bio Chile with a magnitude of 8.8 (“Aftershocks of Chilean Earthquake”). Even with all the damage and destruction caused by the earthquake, the offshore of Bio-Bio, Chile was in for more destruction by the tsunami that shortly followed Maule Earthquake. As a result, Chile was impacted by the earthquake politically, economically socially and geographically.
At the time of the Earthquake, Chile’s President, Michelle Bachelet, as well as the government, failed to plan ahead and provide a warning to the appropriate group and officials to prevent chaos, calamity, and death. Consequently, on March 11, Sebastian Pinera was elected as Chile's new President (“Aftershocks of Chilean Earthquake”). An economic sociology and strategy professor at Adolfo Ibanez University, named Juan Sebastián Montes, exclaimed how …show more content…
Therefore, the Chilean government was required to spend a lot of money on funds for the population, which greatly impacted the economy. These unforeseen expenditures cause Chile to amend its 2010 Budget (United Nations Publication). When Chile was electing a new President, Pinera promised to reduce the overall crime rate in Chile and raise salaries (“Aftershocks of Chilean Earthquake”). Once the earthquake hit, that was a lost dream. There were more sudden and crucial things to focus on such as finding homes for people, reconstructing highways and hospitals. Maule Earthquake cost around 30 billion dollars to Chile’s economy. However, there are some pros to the damage done by Maule Earthquake. Since many homes were destroyed, many jobs will now be created for reconstruction. However, the common jobs in the area of agriculture, trade, hotels, and forestry (United Nations
One of the largest Earthquakes in the world occurred on February 27, 2010. This Earthquake, known as the Maule Earthquake, took place on the offshore of Bio-Bio Chile with a magnitude of 8.8 (“Aftershocks of Chilean Earthquake”). Even with all the damage and destruction caused by the earthquake, the offshore of Bio-Bio, Chile was in for more destruction by the tsunami that shortly followed Maule Earthquake. As a result, Chile was impacted by the earthquake politically, economically socially and geographically.
At the time of the Earthquake, Chile’s President, Michelle Bachelet, as well as the government, failed to plan ahead and provide a warning to the appropriate group and officials to prevent chaos, calamity, and death. Consequently, on March 11, Sebastian Pinera was elected as Chile's new President (“Aftershocks of Chilean Earthquake”). An economic sociology and strategy professor at Adolfo Ibanez University, named Juan Sebastián Montes, exclaimed how …show more content…
Therefore, the Chilean government was required to spend a lot of money on funds for the population, which greatly impacted the economy. These unforeseen expenditures cause Chile to amend its 2010 Budget (United Nations Publication). When Chile was electing a new President, Pinera promised to reduce the overall crime rate in Chile and raise salaries (“Aftershocks of Chilean Earthquake”). Once the earthquake hit, that was a lost dream. There were more sudden and crucial things to focus on such as finding homes for people, reconstructing highways and hospitals. Maule Earthquake cost around 30 billion dollars to Chile’s economy. However, there are some pros to the damage done by Maule Earthquake. Since many homes were destroyed, many jobs will now be created for reconstruction. However, the common jobs in the area of agriculture, trade, hotels, and forestry (United Nations