9/11 Economic Analysis

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Most always, in order for something to fail, a chain of events must occur first. The Founding Fathers of the United States created amendments, the Bill of Rights, Checks and Balances;and many more programs to adhere to the order and avoid any type of collapse internally. In a thriving civilization and more specifically; an empire, one of the most important elemental makeup is the economy. Without a solid economy-a civilization whether large or small could never thrive.
An economy is "the process or system by which goods and services are produced, sold, and bought in a country or region.1" It makes up a huge portion of a country 's potential to be a great empire. America-more specifically the United States has always been known to have a plentiful
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After September eleventh in the year 2001,with the Al-Qaeda terrorist attacks on the World Trade Center in New York-America 's economy has been hurt so deeply that it 's stableness has never been able to be regained. A study by The WorkingPaper 'evaluates the macroeconomic impacts of the 9/11 attack on U.S. real GDP growth and the unemployment rate by examining how forecasts of these variables were revised after the attack occurred2. " The economy was impacted greatly. So much that the house market crashed and an economic recession came to be known by the American people. It is stated but some citizens that the attack led to a 'wake up ' call for the people towards the American economy so much so that The…show more content…
that the nation has been constantly bombarded by terrorist organizations. Contrary to what the mass media showed as the target of the attack on September eleven(the people), the terrorist organization really wanted to cripple the United States and its economy. "the immediate impact of the 9/11 attack was to reduce real GDP growth in 2001 by 0.5%3." It is true that the American economy was not only affected by that factor; but the attacks on September eleventh 2001 did play a leading role in the hurting of the economy. Discussed further, the decline of other great empires share this characteristic-with a failing economy a civilization is most likely doomed to fail. When personally recording data by asking participants certain questions-a lot of the populous of my research agreed with this statement. " Of course a society will fail with a bad economy. An economy is the base of a society."4 an economy surely is not the only element that makes up a succeeding empire-but it is the basis in which the population of that empire is directly affected. If the new presidential winner is able to overlook the
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