Question

impact of covid-19 on the economy flow chart​

Answer 1

Answer:

As the coronavirus pandemic rips through countries, it’s upending everything in the global economy from junk bonds to prices for orange juice. Governments are shutting down whole commercial sectors to stop the spread of Covid-19, putting a massive crimp in gross domestic product for months to come.

Stocks have slid and oil crashed, but orange juice has emerged as the biggest winner among commodities. OJ futures, which allow traders to hedge or speculate on prices for some later date, have soared as consumers stay home amid social distancing measures. (Consumers may also be seeking out orange juice because it contains vitamin C, in hopes that it will give their immune systems a boost.)