Answer:
Political Impact - The 1947 Texas City disaster was the deadliest industrial accident in United States history and one of history's largest non-nuclear explosions. The disaster drew the first class action lawsuit against the United States government, on behalf of 8,485 victims, under the 1946 Federal Tort Claims Act.
Economical Impact - Over 1,100 vehicles were damaged and 362 freight cars were obliterated; the property damage was estimated at $1.2 billion dollars. In the end, the Texas City Relief Fund raised more than $12.3 million to aid with the payoff, and payouts for fire insurance claims reached nearly $45.8 million.
Societal Impact - A chain reaction of fires and explosions in other ships and nearby oil-storage facilities caused at least 581 casualties, including all but one member of the Texas City fire department. Of the dead, 405 were identified and 63 have never been identified.
More than 5,000 people were injured, with 1,784 admitted to 21 area hospitals. More than 500 homes were destroyed and hundreds damaged, leaving around 2,000 residents homeless. The seaport was also destroyed, leaving many port-side businesses flattened or burned.