Buy custom economic impact of september 11th
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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1257 |
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Oddly enough, these session highs corresponded with a world event. Much like the September 11th attacks effected the stock market negatively, the war on terrorism swinging our way helped to swing stocks up to a decent level. On November 13th, it was discovered that the recent crash of Flight 587 was ruled an accident and the war on terrorism was being effective in that it was causing the Taliban to run for cover...
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People were feeling good about how the war on terrorism was going and they were also glad that the airplane crash was an accident. As a result of their happiness and relief, stock market prices took off somewhat. The steep rise in prices on November 13th was compared to the rise in prices of stocks when it became clear to Americans that the Gulf War was going to be resolved easily...
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