The economic impact of a hurricane disrupting supply chains and manufacturing plants in the Southeastern United States would be classified as a shock. A shock refers to an unexpected or sudden event that has significant effects on the economy.
A hurricane has recently disrupted supply chains and manufacturing plants in the Southeastern United States. How would this economic impact be classified?(1 point)
Responses
shock
shock
technological advancement
technological advancement
recession
recession
static effect
static effect
1 answer