The event that occurred on this day caused the stock market to close for four trading days, that has not happened since the Great Depression. It also resulted in the Dow falling 7.13%. The biggest economic impact of 9/11 was the debt crisis. America fell into an enormous amount of debt which has not yet been payed off. The War on Terror, an attack organized by President Bush to find and bring justice to Osama Bin Laden, has costs more than $1.5 trillion. This does not include the amount of money spent on the military, which was an additional $618 billion. Without the War on Terror U.S. debt would have been $16.5 trillion. The War on Terror meant that fewer jobs were created, which meant less tax revenue, raising the debt (“How the
The event that occurred on this day caused the stock market to close for four trading days, that has not happened since the Great Depression. It also resulted in the Dow falling 7.13%. The biggest economic impact of 9/11 was the debt crisis. America fell into an enormous amount of debt which has not yet been payed off. The War on Terror, an attack organized by President Bush to find and bring justice to Osama Bin Laden, has costs more than $1.5 trillion. This does not include the amount of money spent on the military, which was an additional $618 billion. Without the War on Terror U.S. debt would have been $16.5 trillion. The War on Terror meant that fewer jobs were created, which meant less tax revenue, raising the debt (“How the