Terrorists’ Attacks Could Scare Away Economic Venues From Shoppers
The terrorist attacks that have been springing up all over Europe put a slight halt to the region’s economic activities. With fears striking everyone about visiting famous attractions around the continent, the venue from tourism had decreased slowly.
Causes:
Effects:
The Price of Brexit
With the news of Brexit, many countries began to suffer economically as a result of Britain no longer being a part of the European Union. Since the European Union served as an alliance for all of the countries involved to exhibited barrier-free trade with each other, the loss of Britain has a severe effect on the trading market of the Union countries and all those involved.
Causes:
Effects:
The Refugee Crisis Could Become Potential Economic Problem
The mass amount of refugees seeking help from neighboring European countries increased massively as time goes by. As more refugees streamed into the shoreline of the bigger and much-more stable countries, the less fortunate and most likely, poor countries suffered from economic loss as they have to provide a home for the refugees. A huge amount of money and efforts were said to have been used within the past year to ensure the safety and fair living conditions for the refugees before they could find a better nation to reside in.
Causes:
Effects:
The terrorist attacks that have been springing up all over Europe put a slight halt to the region’s economic activities. With fears striking everyone about visiting famous attractions around the continent, the venue from tourism had decreased slowly.
Causes:
- Terrorists wanted to put fear into major European cities and commanded attacks
- Fear for safety stopped tourists from visiting the more famous locations around the subregion of Western Europe
- Safety precautions taken are not deemed enough
Effects:
- Tourism has been decreased slowly
- Money gathered from businesses involved in tourism decreased
- The people have to somehow formulate their own plan for profits from declination of tourism
The Price of Brexit
With the news of Brexit, many countries began to suffer economically as a result of Britain no longer being a part of the European Union. Since the European Union served as an alliance for all of the countries involved to exhibited barrier-free trade with each other, the loss of Britain has a severe effect on the trading market of the Union countries and all those involved.
Causes:
- The European Union has forgotten its original purpose and it became more of a stage for big corporations rather than for the people
- EU is no longer serving much of what it promised and the the free trade and common currency are incredibly underwhelmed.
- Major decisions cannot be push through because of the EU’s rule of voting.
Effects:
- No more free trade with Britain can resulted in a downcasted European economic system.
- Political division of the EU countries.
- Harder customs for trading between Britain and other countries.
The Refugee Crisis Could Become Potential Economic Problem
The mass amount of refugees seeking help from neighboring European countries increased massively as time goes by. As more refugees streamed into the shoreline of the bigger and much-more stable countries, the less fortunate and most likely, poor countries suffered from economic loss as they have to provide a home for the refugees. A huge amount of money and efforts were said to have been used within the past year to ensure the safety and fair living conditions for the refugees before they could find a better nation to reside in.
Causes:
- Greece and Syria’s political and states worsened as time goes by, causing many to escape the countries.
- Fear of religious persecution.
- Countries containing war-torn zones, making it unsafe to live in.
Effects:
- The refugees pay less tax money than the money benefits that they receive since they heavily depend on money benefits due to being more likely than other groups to be unemployed. They also increase to debt of the public which will lead to more unemployment.
- More spaces are reserved for new refugees, possibly displacing some citizens’ homes for a good cause.
- Nations coming in together to help save the refugees from poverty and even poorer living conditions back in their home countries.