hey guys plz do me out to complete this project.........
Project : Socio-Economic Impact of the Pandemic COVID19
Develop project on the socio-economic issues that can arise due to the pandemic COVID19 locally and globally.
Hints: Disasters have adverse consequences on the economic growth and development of the country. It affects different individuals, societies and countries in different manners. Hunger and poverty will also be on the rise, which affects mostly the vulnerable groups. The negative impacts are not inevitable, but these can be reduced by the way of creative solutions. This pandemic which has affected the whole world has its impacts on the 42 economy of the country in various sectors, including health, transportation, agriculture, industry, banking tourism, etc. The inter connectedness of the modern economies, mainly due to globalisation; will have an impact on trade, both domestic and international. This can affect the production of various commodities. The rapid urbanisation, globalisation of the whole world has resulted in making an epidemic outbreak in one country turn into a global pandemic. The outbreaks are not simply a local phenomenon and therefore measures to counter the threat and reduce its impact need to be taken at a local as well as global level.
Ponder over the following and prepare the project:
• How will the disaster effect the economic growth and development of various countries?
• What are the factors that have led to the spread of this pandemic which is said to have originated in Wuhan, China to all over the world?
• Who are the most vulnerable sections of the society during disasters?
• What are the factors determining vulnerability?
• Which are the sectors that will be affected more by the disaster? Classify it into primary, secondary and tertiary sectors.
• How will it affect people who have taken loans especially from the non-formal sources of credit?
• What steps has the government undertaken in response to the disaster?
• What are the creative solutions that can be taken up to reduce the impact?
• When disaster strikes, what can we do? plz guys i need some informations related to these questions.
Answers
Answer:
«How will the disaster effect the economic growth and development of various countries?
A) Major natural disasters can and do have severe negative short-run economic impacts. Disasters also appear to have adverse longer-term consequences for economic growth, development and poverty reduction. ... Reallocation is the primary fiscal response to disaster. Disasters have little impact on trends in total aid flows.
«What are the factors that have led to the spread of this pandemic which is said to have originated in Wuhan, China to all over the world?
A) Although the COVID-19 pandemic is known to have originated from Wuhan, China in December 2019, researchers tracking the origin of the virus, say that the novel coronavirus may have existed in a latent phase in the city since last October.
Answer:
Disasters have adverse consequences on the economic growth and development of the country. It affects different individuals, societies and countries in different manners. Hunger and poverty will also be on the rise, which affects mostly the vulnerable groups. The negative impacts are not inevitable, but these can be reduced by the way of creative solutions. This pandemic which has affected the whole world has its impacts on the 42 economy of the country in various sectors, including health, transportation, agriculture, industry, banking tourism, etc. The inter connectedness of the modern economies, mainly due to globalisation; will have an impact on trade, both domestic and international. This can affect the production of various commodities. The rapid urbanisation, globalisation of the whole world has resulted in making an epidemic outbreak in one country turn into a global pandemic. The outbreaks are not simply a local phenomenon and therefore measures to counter the threat and reduce its impact need to be taken at a local as well as global level.
Ponder over the following and prepare the project:
• How will the disaster effect the economic growth and development of various countries?
• What are the factors that have led to the spread of this pandemic which is said to have originated in Wuhan, China to all over the world?
• Who are the most vulnerable sections of the society during disasters?
• What are the factors determining vulnerability?
• Which are the sectors that will be affected more by the disaster? Classify it into primary, secondary and tertiary sectors.
• How will it affect people who have taken loans especially from the non-formal sources of credit?
• What steps has the government undertaken in response to the disaster?
• What are the creative solutions that can be taken up to reduce the impact?
• When disaster strikes, what can we do? plz guys i need some informations related to these questions.