Economy, asked by pratham00738, 9 months ago

write a conclusion for the topic "Impact of COVID-19" in (100-150) words​

Answers

Answered by Anonymous
1

Answer:

Coronavirus disease 2019 (COVID-19 or coronavirus) was first detected in December 2019 by health authorities in Wuhan City in the People’s Republic of China. Since that time, more than 118,000 cases have been confirmed worldwide, and the virus has spread to more than 114 countries across 6 continents, causing over 4,200 deaths to date, according to the World Health Organization (WHO). Spread of the coronavirus is causing a global emergency. It has been characterized as an “epidemic” by the US Centers for Disease Control and Prevention (CDC) and the WHO has just raised the status to that of a “pandemic”—an infectious disease that is able to infect people easily and spread from "person to person in an efficient and sustained way," according to the CDC.

In addition to significant health concerns, the spread of the coronavirus will impact the global economy. Just-in-time supply chains, many of which originate in China, are particularly vulnerable to disruption caused by COVID-19. In January 2020, Chinese officials mandated factory shutdowns across most of the country’s provinces in order to stem transmission of the coronavirus. Despite expectations of their reopening in early February, many have remain shuttered. These factories make everything from medicines to car parts to electronics, and their shutdown has interrupted the work routine of roughly 60 million Chinese workers, according to Dun & Bradstreet.

Many analyses compare the coronavirus with the 2002-03 SARS epidemic. But this comparison is misleading as the relative importance of China in the worldwide economy has increased tremendously in the past 18 years. China has more than doubled its share of trade with the rest of the world in that time, and many more industries are now heavily dependent on its economy.

As a result, the coronavirus has caused almost every Fortune 1000 company to experience an interruption of their routine business operations. Across nearly every industry, multinational companies are confronting the stark reality that business will not go on as usual. Further, economists have warned that the coronavirus outbreak could cost the global economy an estimated $1.1 trillion in lost income. Some predict that the epidemic's after-effects will cause the global economy to shrink this quarter—for the first time since the end of 2008, when a shock to the financial sector caused turmoil for businesses around the world.

Explanation:

MARK AS BRAINLIEST ANSWER AND FOLLOW ME.

Answered by Anonymous
5

Answer:

This pandemic taught us that being fit is greatly important in one's life and hence, we should opt to be the same. Working out for an hour could really be beneficial as the body would stay up to fight any virus endterying our bodies.Eating healthly is also important, mainly food with vitamin- C is really required so to increase immunity in oneself.So stay fit, eat healthy and enjoy your life.

Similar questions