The Effects of Terrorism in America Essay

1810 Words 8 Pages
Terrorism has influenced civilizations throughout history and has even started wars. In 1914, the Archduke Franz Ferdinand of Austria, who was the heir to the Austro-Hungarian throne, and his wife, Sophie, Duchess of Hohenberg, were shot dead in Sarajevo. They were killed by Gavrilo Princip, who was one of six assassins. Their goal was to have Austria-Hungary to create a South-Slav provinces and eventually turn it into a Greater Serbia or a Yugoslavia . These helped start World War I Terrorists are individuals or organizations that use violence as a tactic to achieve political goals. These terrorists are often involved in mass killings and have a trained military. In the our nation’s 237 year history, America has had its fair share …show more content…
Many people argue that their society is a Marxist designed system to support the view that the economic oppression of the Middle East caused the present crisis. This argument is itself an attack on the US because they believe America is a money hungry nation (LEWIS, JOHN). Terrorism can also have a huge impact on our economy. For exampl,the cost of the 9/11 attacks was about $28 billion. This included the loss of pure physical assets, the initial cleanup, and rescue efforts. That was according to a 2002 assessment by the Paris-based Organization for Economic Cooperation and Development. The attack was also one of the greatest insurance disasters in history, resulting from insured losses of about $32 billion from business interruption, workers compensation, loss of life and other liabilities. New government security measures added about 1 to 3 percent to the cost of international trade transactions indefinitely, reduced productivity and eliminated some businesses entirely, estimated the OECD. Increased spending on the military and private security measures diverts resources from more productive uses and could cut gross domestic product by 0.7 percent over five years, according to the OECD (Wolk, Martin). As a result of the rise of terrorist attacks and hijackings, the Untied States government created the Transportation Security Administration (TSA). Soon after 9/11 attacks, the Transportation Security

Related Documents