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The Gujarat earthquake caused irreparable damage not only to the business enterprise but also adversely affected the whole economy of the state. Which of the following factor is responsible for the loss borne by Gujrat?
- a)Economic factors
- b)Physical factors
- c)Human factors
- d)Natural factors
Correct answer is option 'D'. Can you explain this answer?
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The Gujarat earthquake caused irreparable damage not only to the busin...
Understanding the Gujarat Earthquake's Impact
The Gujarat earthquake, which struck on January 26, 2001, was a devastating natural disaster that resulted in extensive damage across the state. The primary factor responsible for the loss borne by Gujarat is classified as "Natural factors."
Natural Factors Leading to Loss
- Earthquake as a Natural Disaster: The earthquake was a sudden and intense geological phenomenon, classified as a natural disaster. Such events are beyond human control and can cause significant destruction.
- Infrastructure Damage: The seismic activity resulted in the collapse of buildings, roads, and critical infrastructure. This destruction led to immediate economic losses and long-term disruptions in business operations.
- Loss of Lives and Livelihoods: The earthquake claimed thousands of lives and displaced many more. The loss of human capital severely affected the economy, as many families lost their primary breadwinners.
- Impact on Local Economy: With businesses damaged or destroyed, local economies faced a downturn. Industries such as textiles, which were pivotal in Gujarat, suffered immensely, leading to job losses and decreased economic activity.
Broader Economic Consequences
- Investment Withdrawal: The disaster created an atmosphere of uncertainty, discouraging both domestic and foreign investments in the region.
- Reconstruction Costs: The funds required for rebuilding infrastructure and homes diverted resources away from other developmental projects, hindering economic growth.
- Psychological Impact: The trauma and fear associated with such natural disasters can lead to long-term psychological effects on the population, which can also impact productivity and economic recovery.
In summary, while economic, physical, and human factors played roles in the aftermath, the root cause of the devastation in Gujarat was primarily due to the earthquake, a natural factor.
The Gujarat earthquake, which struck on January 26, 2001, was a devastating natural disaster that resulted in extensive damage across the state. The primary factor responsible for the loss borne by Gujarat is classified as "Natural factors."
Natural Factors Leading to Loss
- Earthquake as a Natural Disaster: The earthquake was a sudden and intense geological phenomenon, classified as a natural disaster. Such events are beyond human control and can cause significant destruction.
- Infrastructure Damage: The seismic activity resulted in the collapse of buildings, roads, and critical infrastructure. This destruction led to immediate economic losses and long-term disruptions in business operations.
- Loss of Lives and Livelihoods: The earthquake claimed thousands of lives and displaced many more. The loss of human capital severely affected the economy, as many families lost their primary breadwinners.
- Impact on Local Economy: With businesses damaged or destroyed, local economies faced a downturn. Industries such as textiles, which were pivotal in Gujarat, suffered immensely, leading to job losses and decreased economic activity.
Broader Economic Consequences
- Investment Withdrawal: The disaster created an atmosphere of uncertainty, discouraging both domestic and foreign investments in the region.
- Reconstruction Costs: The funds required for rebuilding infrastructure and homes diverted resources away from other developmental projects, hindering economic growth.
- Psychological Impact: The trauma and fear associated with such natural disasters can lead to long-term psychological effects on the population, which can also impact productivity and economic recovery.
In summary, while economic, physical, and human factors played roles in the aftermath, the root cause of the devastation in Gujarat was primarily due to the earthquake, a natural factor.
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The Gujarat earthquake caused irreparable damage not only to the busin...
Factors responsible for the loss borne by Gujarat due to the earthquake:
There are several factors that contributed to the loss borne by Gujarat due to the earthquake. These factors can be categorized as natural, physical, human, and economic. However, the primary factor responsible for the loss is the natural factor.
Natural Factors:
- The earthquake itself was a natural disaster that caused widespread destruction and loss of life.
- The magnitude and intensity of the earthquake were significant, resulting in severe damage to infrastructure, buildings, and other properties.
- The seismic activity and aftershocks further aggravated the situation, making it difficult to recover and rebuild.
Physical Factors:
- The geographical location of Gujarat in a seismic zone made it more vulnerable to earthquakes.
- The lack of proper infrastructure and construction standards contributed to the extent of damage caused by the earthquake.
Human Factors:
- The population density in the affected areas increased the impact of the disaster, causing more casualties and displacement.
- Lack of awareness and preparedness among the people further added to the loss.
- Rescue and relief operations were challenging due to the high population and limited resources.
Economic Factors:
- The destruction of industries, businesses, and agricultural activities resulted in a significant economic setback for Gujarat.
- The disruption of transportation, communication, and supply chains hindered the recovery process.
- The cost of reconstruction and rehabilitation further strained the state's economy.
In conclusion, while there were various factors that contributed to the loss borne by Gujarat due to the earthquake, the primary factor responsible was the natural factor. The intensity and magnitude of the earthquake, coupled with physical and human factors, resulted in widespread damage and economic loss for the state.
There are several factors that contributed to the loss borne by Gujarat due to the earthquake. These factors can be categorized as natural, physical, human, and economic. However, the primary factor responsible for the loss is the natural factor.
Natural Factors:
- The earthquake itself was a natural disaster that caused widespread destruction and loss of life.
- The magnitude and intensity of the earthquake were significant, resulting in severe damage to infrastructure, buildings, and other properties.
- The seismic activity and aftershocks further aggravated the situation, making it difficult to recover and rebuild.
Physical Factors:
- The geographical location of Gujarat in a seismic zone made it more vulnerable to earthquakes.
- The lack of proper infrastructure and construction standards contributed to the extent of damage caused by the earthquake.
Human Factors:
- The population density in the affected areas increased the impact of the disaster, causing more casualties and displacement.
- Lack of awareness and preparedness among the people further added to the loss.
- Rescue and relief operations were challenging due to the high population and limited resources.
Economic Factors:
- The destruction of industries, businesses, and agricultural activities resulted in a significant economic setback for Gujarat.
- The disruption of transportation, communication, and supply chains hindered the recovery process.
- The cost of reconstruction and rehabilitation further strained the state's economy.
In conclusion, while there were various factors that contributed to the loss borne by Gujarat due to the earthquake, the primary factor responsible was the natural factor. The intensity and magnitude of the earthquake, coupled with physical and human factors, resulted in widespread damage and economic loss for the state.
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The Gujarat earthquake caused irreparable damage not only to the business enterprise but also adversely affected the whole economy of the state. Which of the following factor is responsible for the loss borne by Gujrat?a)Economic factorsb)Physical factorsc)Human factorsd)Natural factorsCorrect answer is option 'D'. Can you explain this answer?
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The Gujarat earthquake caused irreparable damage not only to the business enterprise but also adversely affected the whole economy of the state. Which of the following factor is responsible for the loss borne by Gujrat?a)Economic factorsb)Physical factorsc)Human factorsd)Natural factorsCorrect answer is option 'D'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about The Gujarat earthquake caused irreparable damage not only to the business enterprise but also adversely affected the whole economy of the state. Which of the following factor is responsible for the loss borne by Gujrat?a)Economic factorsb)Physical factorsc)Human factorsd)Natural factorsCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The Gujarat earthquake caused irreparable damage not only to the business enterprise but also adversely affected the whole economy of the state. Which of the following factor is responsible for the loss borne by Gujrat?a)Economic factorsb)Physical factorsc)Human factorsd)Natural factorsCorrect answer is option 'D'. Can you explain this answer?.
The Gujarat earthquake caused irreparable damage not only to the business enterprise but also adversely affected the whole economy of the state. Which of the following factor is responsible for the loss borne by Gujrat?a)Economic factorsb)Physical factorsc)Human factorsd)Natural factorsCorrect answer is option 'D'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about The Gujarat earthquake caused irreparable damage not only to the business enterprise but also adversely affected the whole economy of the state. Which of the following factor is responsible for the loss borne by Gujrat?a)Economic factorsb)Physical factorsc)Human factorsd)Natural factorsCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The Gujarat earthquake caused irreparable damage not only to the business enterprise but also adversely affected the whole economy of the state. Which of the following factor is responsible for the loss borne by Gujrat?a)Economic factorsb)Physical factorsc)Human factorsd)Natural factorsCorrect answer is option 'D'. Can you explain this answer?.
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The Gujarat earthquake caused irreparable damage not only to the business enterprise but also adversely affected the whole economy of the state. Which of the following factor is responsible for the loss borne by Gujrat?a)Economic factorsb)Physical factorsc)Human factorsd)Natural factorsCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for The Gujarat earthquake caused irreparable damage not only to the business enterprise but also adversely affected the whole economy of the state. Which of the following factor is responsible for the loss borne by Gujrat?a)Economic factorsb)Physical factorsc)Human factorsd)Natural factorsCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of The Gujarat earthquake caused irreparable damage not only to the business enterprise but also adversely affected the whole economy of the state. Which of the following factor is responsible for the loss borne by Gujrat?a)Economic factorsb)Physical factorsc)Human factorsd)Natural factorsCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
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