The Impact Of Terrorism

The Impact Of Terrorism On International Business Activity. |
INTERNATIONAL BUSINESS |
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A summary of the main kinds of terrorism affecting our economy, trades, alliances, and security over the world. |
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AMY Y. STEER |
12/3/2008 |
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The Impact of terrorism on International Business Activity
At the end of the XVIII and XIX decade and at the end of the French revolution gavesome beginnings of some terrorism attacks. The biggest manifestation of terrorism was after the Second World War in 1960.After this event started a war between Israel and Palestine, the cold war. Terrorism is an act of violence that has been through the years thru wars and conquests. Terrorism can be internal and global as an open way to any violence act without moral restrictions. The objectivesof a war are usually about politics, religion, and cultural where a person in a society of a country doesn’t agree with the government or between two countries that have differ in some issues. Every day on the news a person can see terrorism attack on the public streets where innocent people lost their lives. There are three types of terrorism which are: Drug terrorism, nuclear terrorism, andterrorism of the state. The drug terrorism is the use of drugs traffic to promote the objectives of some terrorism governments and organizations. The nuclear terrorism is one that many countries will have to worry in a couple of years. The ex-soviet union is the main one to worry about it. Finally the terrorism of the state is when a government imposing obedience and an active contribution to thepopulation. The most they developed forms of terrorism of State, for the ones that the term was invented, have been the employed systems in the 20th century under the fascism and the communism. There are many characteristics that lead to the international terrorism that are: Its indiscriminate violence: extends its effects to the totality of the population, Its unpredictability: acts with surpriseinstilling terror, Its immorality produces unnecessary suffering: they strike the most vulnerable areas, It Is indirect: deviates the look of the population to a point, that is not the white one that are proposed, the escape of the religion and in some measure of the nationalism and its basic concepts, product of the Globalization that does not know borders. The boom of it takes of hostages andhuman shields, the Terrorism on its own that has as white to the civil population, and Growing Participation of soldiers, former – military, and members of the intelligence services.
There are many ways how the terrorism has had an impact on the international business activity which are: on the tourism area, the aerospace area, the trade and alliances with other countries, the security on theairports, and investment overseas.
Through the history one has seen many manifestation of terrorism in the world, but the most recent and had a big impact on the global economy was the attack to the United States on September 11, 2001. The whole world suffers a fall in the economy, financial markets, international trades and alliances. The united States establish more borders regarding alliances ortrades overseas. The first down that the United States economy suffers was on the higher prices of oil. One was feeling one of the first effects of the international terrorism. Since the United States was one of the biggest imported from oil from the Middle East, it break down some of his relationships or trades with many countries were used to imported oil.
Another impact on the internationalbusiness activity was the increment of security on the airports. After the attack of September 11, 2001, the United States and even the whole world saw the weakness on the security on the airports. Many countries and especially the United States who suffer the most from this attack, it spent millions of dollars implementing and increasing the security on airports. Now one is not allowed to bring any...