Economic effects of the U.S. after Sept 11th
Since the horrific attacks on the United States on Sept 11th, the nation's economy has greatly dropped into a recession, although the economy was already in trouble before Sept. 11th. Due to this incident and all the effects it has caused, it is right to blame this recession on the terrorist attacks of Sept 11th.
Almost half of the states faced budget shortfalls for 2001 or 2002, which caused most peoples lives to change after the attacks. Even the U.S. economy effectively took a vacation for the rest of September. It fell greatly and caused multibillion dollar losses to many companies and industries around the nation. Some of these companies and industry were a great part in the turning wheel of the U.S. economy. (Sivy, n.pg.)
Prior to Sept 11th, the slowed US economy still however showed good signs of growth. Some signs were that companies were producing products for stores at a higher rate to provide the customers with more......
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