What are the major economic implications, both good and bad, of natural disasters? Discover the effect that natural disasters can have on labor market conditions, capital, household incomes, and opportunities for reconstruction in local economies.

Concepts

hurricane katrina, hurricanes

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Additional Tags

hurricane katrina, labor supply, economic recovery, social studies

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Instructional Ideas

• Check out the list of additional materials for supplemental instructional activities, such as a video by an economic historian discussing the economic recovery of Japan since a massive earthquake in 1923

Pros

• Includes extension lesson on the function of labor markets
• Worksheets complement reading
• Answer key included

Cons

• None

Common Core

RH.11-12.1 RH.11-12.2 RH.11-12.4