Seasonal Business's

The climate changes that have been affecting our society more and more over the last decade has also spread to economies worldwide. Areas of business such as agriculture, fishing markets, tourism, and government spending have seen unusual and unexpected transformations from the global warning process. It is safe to say that Global warming is an inevitable phenomenon and is caused by so many things, but with drastic climate changes weather patterns can change instantly. For example, when it comes to agriculture a sudden climate change can call for droughts or excessive precipitation, and either of these are good for cropping. Seasonal crops can be affected, and as a result the economy will feel the brunt of this. A shortage will call for a high demand, causing prices to rise and right now with the way our economy is this will only make things worse. Within this decade, different parts of the world experienced the La Nino and El Nina phenomenon reported as heat waves, drought, tsunamis, hurricanes and storms, and especially here in the mid atlantic the temperatures have been unseasonably warm, and over the past 2 years precipitation has been above average as well. While doing research, i came across something that I thought was very interesting, and its that some business's with the understanding of global warming claim global warming as a risk. this means that they plan ahead needing due management to find ways to prevent this risk. It has become a great concern over the years because global warming to business firms would greatly affect viability and profitability. This goes anywhere from a farm, all the way to wall street where commodities are traded on a daily basis. Fishing markets is another small business that is affected by global warming. For example, if water erosion and water temperatures off the coast of new england are above average or even below average this could affect the market for lobster due to a shortage, and prices can rise. This is why whenever you are in a restaurant and you see lobster on the menu there is never a fixed price, its always market price. Tourism can also be affected by global warming and ski resorts is another great example of that, even lake cottages in and around virginia. As we can see global warming has a great impact on trade, and the climate plays a major role in determining the outcome of small business that revolve around the weather pattern.