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The US Financial System is not an accident. It is the result of several centurie

ID: 331910 • Letter: T

Question

The US Financial System is not an accident. It is the result of several centuries of learning "the hard way". From that perspective, you can see that the system itself is kind of a national asset, one that serves the country and may help it have a competitive advantage in the global economy. The system itself, not to mention individual system participants, may be vulnerable to natural disasters, terrorism, and large-scale cyber attacks. Discuss each of those ideas and what the industry/country does to try and lower the frequency or severity of such an incident.

Explanation / Answer

steps taken to combat natural disasters :

for terrorism:

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