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Describe three ways in which economies are
likely to be affected by climate change


Sagot :

oyejam

Answer:

1. Climate change affect the geography within which economy of the world operate

2. It changes the comfortability of human within the global industry

3. Growth Zone is affected

Explanation:

1. Climate change affect the geography within which economy of the world operate: economic of the world are affected by change in climatic condition in the since that there is shift in the usual period of seasons. For example, taken Nigeria as a region in West Africa, rainfall is expected to start around March in almost all part of the country, however, due to climate change, some part don't still have rain till May. This causes a shift in farmers plan and affect the supply of farm produce to the local market and to the global market, in turn affecting the gross domestic product of the country.

2. It changes the comfortability of human within the global industry. Take for example, fossil fuel, it is part of human being to address some unfavourable conditions among which is climate change which causes global warming, during this period, the way industries and people uses fossil fuel are been changed and it have direct effect to global economy.

3. Growth Zone is affected: change in climatic condition changes world economy growth zones. Thus could be seen in transportation sector, when the water level is affected, international movement of cargoes by ship are affect and hence, some trades agreements are altered thereby changing the growth zone.