Hurricane Irma on a Collision Course With Florida

The video discusses the impacts of hurricanes on human lives and markets, focusing on the agricultural and energy sectors. It highlights the differences between Hurricanes Irma and Harvey, noting that Irma's impact is more on demand due to infrastructure damage, while Harvey affected supply by disrupting energy production. The potential economic damage of Irma, especially if it hits Miami, is significant, with estimates reaching $130 billion.

What is one of the major agricultural products grown in Florida that could be impacted by a hurricane?

• Grapes

• Apples

• Oranges

• Bananas

What is a potential consequence of Hurricane Irma on energy prices?

• Increase in natural gas prices

• Stability in energy prices

• Decrease in gasoline prices

• Increase in crude oil production

How does Florida's energy demand compare to its energy supply infrastructure?

• Florida has equal energy supply and demand.

• Florida has high energy demand but less supply infrastructure.

• Florida has low energy demand and high supply infrastructure.

• Florida has more energy supply than demand.

What was a significant difference between the impacts of Hurricanes Irma and Harvey?

• Both affected supply equally.

• Irma affected demand, Harvey affected supply.

• Irma affected supply, Harvey affected demand.

• Both affected demand equally.

What is a likely effect on transportation due to Hurricane Irma?

• Reduced driving due to road damage

• Increased car sales

• Increased public transport usage

• More flights available