Answer:
Increased airport security
Loss of consumer confidence
Explanation:
Terrorism is the use of violence that aims to spread fear in a population, and to advance a political, ideological or religious cause. it is important to understand that not all violent acts are terrorism.
From terrorism to drug smuggling and theft, the hostile insider is an often overlooked threat to airport security and safety.
Increased airport security:
Airport security forms the greatest hurdle for a successful terrorist attack and thus remains the best and often times last option for a terrorist attack to be identified and thwarted by the authorities.
Major airlines undoubtedly feel a financial effect from terrorist activity, most likely due to it happening in an airport terminal.
Loss of consumer confidence:
The effects of terrorism in one country spill over across national borders to reduce the trade of other nations. The effect is also long lived; a terrorist attack can reduce trade over the next five years which results in loss of consumer confidence.
Besides the tragic loss of human life, the economic costs of terrorism are immense. Terrorist attacks are a major threat to the insurance industry, due to the possibility of significant loss of life, injury, and property destruction.
