Friday, February 28, 2020
Physical Security in Different Situations Assignment
Physical Security in Different Situations - Assignment Example It is evident that only negative outcomes result from the scenario in discussion both indirectly and directly. A complex system developed by the Federal Reserve System is vital for ensuring continuity of the bankââ¬â¢s operations because it minimizes the possibilities of negative impacts resultant from the disastrous scenario. In this case, economic development and security on finances of the society is at a minimum in comparison to lack of the complex system. Continuity of operations eliminates unemployment of personnel in the wake of the disaster and offers financial security on resources belonging to its clients and investors. The development of the system is an approach referred to as disaster preparedness. It allows efficient management of the discussed scenario while aiming to achieve a smooth transition from response to the disaster through to sustained recovery transition. An immediate consequence of the bombing, classified as a complex emergency, is the loss of lives and injury of individuals present at the time of attack. The damage of the available resources and assets of the Federal Reserve is an immediate consequence of the scenario as well. On the other hand, indirect effects of the disaster in discussion include the loss of both local and foreign investors from the Federal Reserve. The banking system collapses for this matter and economic depression sets in. In the long-term, the working force of the nation is retrenched due to economic depression. Consequently, the unemployment rate is on the rise while the purchasing power of the consumer decreases because of inflation of goods and services. Crime as a vice stems from the fore mentioned consequence. The security of the nation is then compromised. One negative consequence produces a ripple effect to the nation as an economy.Ã
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