URGENT!!!! WILL MARK BRAINLIEST Effect of COVID-19 on the Global Economy?
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Answer:
The coronavirus has had a significant impact on the global economy.
From stocks to jobs and emerging markets, these charts give a snapshot of what happened in the first quarter of 2020.
it will affect our economic activities our GDP rate are the rate and we can't able to become a developed country till 2030. India will go back 21 years almost.
During the last crises the main problems were related to the "demand side". Now the biggest challenge is related to the "supply side" as well. Moreover, among the biggest victims in the past were financial institutions (mainly banks) and business. Nowadays there is a greater possibility that the impact of the disruption on real economy will be much higher. Dou you agree that it is possible that the financial sector will survive the coming crisis in quite good condition whereas the businesses might be affected much more? Please remember that during the last crisis the QE policy exerted very positive impact on stock exchanges. So may be this time will be similar - due to such tools and the regulations (implemented for the last ten years) the financial sector is quite immune, whereas the real economy is not protected and will be much more affected
hope it helped pls mark brainliest