Question

Would the war in Iraq be considered an economic even that is affecting our lives because the prices of everything are being increased?

Answer 1

yes

Answer 2

The Iraq war is certainly an economic event because the United States is spending billions of dollars on it. This article, published a year ago, estimated that up to that time, the war had cost us $700 billion.

http://abcnews.go.com/Technology/WhosCounting/story?id=2844304&page=1