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Academic Paper from the year 2018 in the subject Economy - Environment economics, grade: 1, , language: English, abstract: Natural disasters such as earthquakes and floods cause irreparable damage, more specifically to the physical infrastructure and human lives (Dilanthi & Richard, 2001). As it is ordinary that all catastrophes occur suddenly when they are not expected or when no reliable predictions are available: disaster response strategies serve as the only remedy. Indeed, through efficient disaster response mechanisms the damage caused by uncertain disasters such as earthquakes, floods and fire can be made minimal but cannot be avoided. Basically, various disasters cause damages of varied magnitudes depending with the nature of the disaster. Similarly, disasters may be localized: occurring within specific regions more often than others due to various factors. For instance, earthquakes are commonly experienced in regions where tectonic plates meet due to the weak forces that are present at such areas. Floods on the other hand occur particularly in low-laying flat regions or along river banks. Other disasters such as fire and drought may occur anywhere.