1. Explaining Why does a natural disaster (drought, flood) in an agricultural region almost always result in higher prices for commodities and consumer goods?

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asked Jul 14, 2021 26.0k views

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EddieB · Answer 1 · 2021-07-19T15:37:06+0000

If natural disasters or flooding occur, there is not enough goods for everyone, so only those who are willing to pay more, or the rich, can buy the goods.

1. Explaining Why does a natural disaster (drought, flood) in an agricultural region almost always result in higher prices for commodities and consumer goods?

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