Economic Systems Effects on Natural Disaster Relief

In: Business and Management

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Economic Systems Effects on Natural Disaster Relief, and an Explanation of Supply and Demand
Oscar O. Salguero
DeVry University
BUSN-115-61770
Teacher: Donna Armes
Due 3/09/2014

FEMA is an organization that is responsible in case of any natural disaster such hurricane, earthquake and floods. In a certain way I believe that this organization tends to be with Socialist foundations because all what they present is their help to a town, city or country they are not seen any color, race or religion they just help.
When a crisis hits a nation, such as a natural disaster, certain economic systems are better equipped in handling public relief. Economic systems such have superiority over others because reason. Examples are found throughout history. Although a socialist system is often looked down upon and at one time even was the enemy, it has many benefits when it comes to dealing with a disaster like the 2010 earthquake that occurred in Haiti. Responding to a situation as such is easier because of a small geographical area but could also be complicated for so many factors for example; destruction was to such degree that was so difficult for the delivery of the proper emergency services.
Socialism offers the best solution in handling this type of emergencies because they focus in nothing else but situation and as an economic system would it be the best system because the sharing is meant in an equal way.
When we referred to a socialist system we may find that is more likely to have an easy and immediate control in an emergency situation and we can see those reactions in very resent natural disaster around the world. Taking a look back in time we saw situation where a socialist where at hand for example in the earthquake in Haiti in 2010 or the tsunami in Japan 2011.

According to the Wikipedia website the term for Social is:
“The term social refers to a…...

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