Economy, asked by rinidinda9, 9 months ago

How will the disaster effect the economic growth and development of various countries? (COVID-19) in point

Answers

Answered by omsayankar12

Explanation:

disaster can affect the economic growth and development because as itdisaster can affect economic growth and development of various countries address damages and the economic growth stop due to consumption and economic rate food

Answered by aadee2902

Answer:

Since the COVID-19 outbreak was first diagnosed, it has spread to over 190 countries and all

U.S. states. The pandemic is having a noticeable impact on global economic growth. Estimates so

far indicate the virus could trim global economic growth by as much as 2.0% per month if current

conditions persist. Global trade could also fall by 13% to 32%, depending on the depth and extent

of the global economic downturn. The full impact will not be known until the effects of the

pandemic peak. This report provides an overview of the global economic costs to date and the

response by governments and international institutions to address these effects