(Direct economic) loss: Revision history

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22 July 2022

8 July 2022

  • curprev 14:2714:27, 8 July 2022‎ Myriad-admin talk contribs‎ 938 bytes +938‎ Created page with "'''Definition''' The monetary value of total or partial destruction of physical assets existing in the affected area. Direct economic loss is nearly equivalent to physical damage. Direct economic losses usually happen during the event or within the first few hours after the event and are often assessed soon after the event to estimate recovery cost and claim insurance payments. These are tangible and relatively easy to measure. '''Source''' UNDRR (2016). Report of t..."
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