Impacts on world economy of Covid -19
Answers
Answer:
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Explanation:
Significant, massive, colossal. Pretty disastrous, with the U.S likely to become the epicenter in the weeks ahead.
It’s going to take some time for the dust to settle and for governments to assess the damage.
You can forget about the depression, with governments needing to get control of the spread soon to limit the long-term impact.
Greatest concern continues to be over social unrest. We are seeing national guards in the U.S and police allowed to fine on the spot in the UK.
Social unrest could turn into civil war should governments fail to support the needy.
There are rays of hope as the spread eases in some geographies, but this remains of little comfort for now.