Contracted and jobs dried up

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Q. In 2005, Hurricane Katrina caused massive destruction in the U.S. Gulf coast. tens of thousands of people lost their homes and possessions. Even those who were not directly affected by the destruction were hurt because businesses failed or contracted and jobs dried up. Using one or more of the principles of economy-wide interactions covered in the lecture, in not less than 250 words explain how government intervention can help in this situation. You are also expected to respond to another student's posting (not just "I agree"), by critiquing or support the theses presented.

Reference no: EM138824

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