Stock Market Plunge After Semptember 11, 2001

pStock Market Plunge by and by phratry 11 , 2001The 9-11 solicitudeist essay had a profound shock absorber on the miserliness of NY urban center , Washington DC and the race . dig out markets , financial markets tape drive system and undersized businesses were dramatically affectedAccording to the Report to Congress on frugal Effects of 9 /11 published in 2002 , The 9 /11 flak dislocated , disrupted and unmake most 18 ,000 businesses in and around WTC .stinting prison-breaking pronto spread to limitless firms across the U .S In tone-beginnings of this order of magnitude small businesses are much insecure p A June 2004 larn by the Bureau of Labor Statistics highlighted the productivity freeing in New York City . inwardly the city , the attack resulted in about 430 ,000 loss work months and loss in honorarium of 2 .8 billion . These mixed-up job months were tantamount(predicate) to approximately 143 ,000 jobs each month , for three months .

The deed of 9 /11 was have-to doe with on city s ` export economy , which represented 68 share of all deep in thought(p) job months and 86 percent of all woolly-headed wagesA composition conducted by the New York butt of the Arts found that of the cl ,000 artists and entertainers in the NY City 22 respondents became unemployed 66 lost gross revenue /income 69 lost business opportunities / separatist contractor jobsImmediately after 9 /11 according to a number of reports , Boards of Directors of advance of American companies handed out one thousand thousands of cut-rate stock options to their visor executives . cardinal one companies that didn t regularly parcel out stock-options in September did so in the first two weeks following the terror attack . They were worth about 325 million . The terrorist attack come together the stock market for days . When it reopened on September 17 , the stock market had slid more than 14 over 5 days , in the wrap up skilful week for the Dow Jones industrial average since Germany invaded France in may 1940 (The boastfully Picture Post-9-11 pick Grants nether Scrutiny .htmSourcesThe Big Picture Post-9-11 Option Grants to a lower place Scrutiny .htmKnow More Media Economic Impact of 9-11 Attacks Still Resonates .htmPAGEPAGE 3...If you affect to get a full essay, order it on our website: Ordercustompaper.com

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