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| Topic: |
Business
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| Number of pages / Number of words: |
17 / 4754 |
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The destruction of physical assets was estimated in the national accounts to amount to $14 billion for private businesses, $1.5 billion for state and local government enterprises and $0.7 billion for federal enterprises."
Naturally, the destruction of businesses leads to loss of employment. "Close to 200,000 jobs were destroyed or relocated out of New York City, at least temporarily" (Robert Looney 2002) after the 9/11 attacks...
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"Close to 200,000 jobs were destroyed or relocated out of New York City, at least temporarily" (Robert Looney 2002) after the 9/11 attacks. Assuming that these 200,000 jobs each belonged to 200,000 different people, this would be approximately equivalent to the working population of Grenada multiplied by five...
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