English, asked by shergill47, 8 months ago

impact of lockdown on global economy essay.​

Answers

Answered by asrasayed7
0

The global economy has been thrown a curve ball by what some have called ‘The Great Lock down’. COVID-19 has generated a supply shock to many economies around the world, with many businesses forced to shut down as governments try to slow the spread of the disease. This makes it different to the Global Financial Crisis (GFC), which originated on the demand side – the crisis reduced consumer incomes and therefore their demand for goods and services.

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Answered by shivamraj77
3

Answer:

  1. employment : there is many cases where people loose their job like marginal worker, educater, many of them automobile worker
  2. GDP : GDP has been fall down.
  3. finicial crisis
  4. increase in sucidie cases, domestic violence etc.

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