Introduction
Ring of Fire is a large area in the Pacific basin to which a high level of volcanic and earthquake activity is characteristic. This zone lies in the south of the horseshoe shape and extends about 40, 000km also encompassing several countries often hit by earth quake and volcanic activities.

Volcanic Activity
The Ring of Fire is believed to host about 75 percent of the global total of active and really dormant volcanic zones. Some of the common volatile countries include Japan, Indonesia, and the Philippines; volcanic eruptions are frequent in these countries. But volcanic soil is highly fertile and as such, it increases farming production in these areas.

Seismic Activity
The occurrence of the earthquakes is a regular event along the geographical ine known as the Ring of Fire because of the tectonic drivers. Deadly quakes have recently occurred in Chile Mexico and New Zealand in which many lives and properties were lost. Such natural disasters cause development of building codes and preparation mechanisms for managing the disasters.

Economic Impact
The Ring of Fire plays a big role in managing the development of the affected countries. Disaster response and disaster rebuilding, therefore, calls for huge expenditures since money is a significant factor in disaster response. However, the region has considerable advantage of geothermal energy which is cheap and green energy.

Conclusion
Finally, the Ring of Fire is very significant because of the many number of volcanic and seismic movements that occur affecting countries that are within the region. It has its drawbacks, such as natural calamities, which are disastrous to the nations contained within it, stress and the continuing economic cost, but it is a blessing in form of soil fertility and geothermal power supply which constructs the lives, and economic growths of these nations.