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The Effect of Earthquakes in the United States on the Economy in Reference to Government Funds Spent on Prediction and Hazard Prevention Over the period of many years earthquakes have had a major effect on the economy of the United States of America In this paper I plan to discuss how earthquakes have an effect on the economy And what type of effect positive or negative earthquakes have on the economy Earthquakes are violent trembling of the ground that are caused by the slipping of a fault A fault is a huge crack in the earths outermost crust The slipping is caused when stress builds up in one spot to a level sufficient to overcome the forces resisting the slipping of that fault The slipping causes seismic waves to radiate from around the source also called the epicenter These waves cause the vibratory motions that cause the destruction to property Earthquakes are measured on the Richter Scale This scale developed by seismologist Charles Richter measures the magnitude of the earthquakes on a scale of one to nine Earthquake 126 One being not felt by humans and nine signifying total destruction Earthquakes have forced the government to stipend billions of dollars for earthquake hazard prevention the establishment of and compliance with building codes requirements prediction programs and recovery programs In nineteen eighty-nine a gentleman named Steve Starkey began an earthquake hazard prevention program with one purpose To earthquake proof all the bridges along the Oregon coast Wuethrich 1802-03 To accomplish this he first had to record statistics on the earthquake hazard facing the region Wuethrich 1802-03 So the re-evaluation of the earthquake hazard in Oregon was necessary This discovery lead to a three hundred thousand-dollar analysis by the San Francisco engineering firm Geomatrix Consultants Wuethrich 1802-03 As a result the bridges are in the process of being repaired Though one of the well known programs this is not the only program created to re-assess
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