9/11

9/11



9/11

On September 11th 2001, a normal employed day for most persons was to be turned upside down because of a horrific occurrence happened which altered the world. This occurrence was the murdering of approximately 3,000 blameless lives who were victims of numerous terrorist attacks. It all started with American Airlines air travel 11 crashing at a hasten of approximately 470 into the edge of the North Tower of the World Trade Centre and finish with leader Bush making no distinction between the terrorists who committed the actions and those who harbour them. In this paper I will gaze into if things have altered, how these alterations are manifest and up to what degree.

There has been a big financial change over the past few years; in the five years since the attacks of September 11, 2001 the approximated cost of attacks to US based solely on house losses and protection costs was $21billion with a farther approximated $430 billion on what leader GeorgeW. Bush calls the global war on terrorism (Chernick, 2005). From the day of the attacks and the following months the FTSE 100 went from around 6300 points and bottomed at 3287, only now 6 years on has the FTSE retrieved to its preceding high at 64939 (Guardian, 2002)

Due to the large dimensions of the U.S. economy, America is an important market for numerous countries. Sharp moves in the wellbeing of the U.S. economy can have important short run consequences for the economies of U.S. trading partners, particularly Canada, Mexico, and Japan. About 40% of Canada's output is exported to the United States (Bnet, 2003)

Economic alterations since 9/11 is not constrained to contradictory change; there has been 'positive' change. Whilst the events of 9/11 conceived an air of fear and doubt amidst Pakistani expatriates dwelling in the US, the ...