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Homework ES 1 - immediately Explain why this phenomenon may...

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No one can predict a natural disaster or world crisis. When a hurricane or flood or a pandemic strikes a country, who is most likely to respond first? Which economic system is the best solution for handling a crisis of epic proportion? When disasters hit an area, the cost of everything--food, water, housing, gas and so forth--seems to go up
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Unformatted text preview: immediately. Explain why this phenomenon may be a good thing, using the laws of supply and demand to explain your answer. List your references according to APA guidelines in the space below. You are required to use at least one outside source to support your viewpoint, and this source can be the textbook....
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