English, asked by subudhiarati939, 8 months ago

Write an essay of 300 words about (EFFCT
OF Corna Virus Dieases 19 PANDEMIC ON GLOBAL
ECONOMY​

Answers

Answered by prasannamalkapuram
0

Answer:

The socio-economic impact of the 2019–20 coronavirus pandemic has had far-reaching consequences beyond the spread of the COVID-19 disease itself and efforts to quarantine it. As the SARS-CoV-2 virus has spread around the globe, concerns have shifted from supply-side manufacturing issues to decreased business in the services sector.[1] The coronavirus pandemic caused the largest global recession in history, with more than a third of the global population at the time being placed on lockdown.[2]

Supply shortages are expected to affect a number of sectors due to panic buying, increased usage of goods to fight the pandemic, and disruption to factories and logistics in mainland China, in addition, it also led to price gouging.[3] There have been widespread reports of supply shortages of pharmaceuticals,[4] with many areas seeing panic buying and consequent shortages of food and other essential grocery items.[5][6][7] The technology industry, in particular, has been warning about delays to shipments of electronic goods.[8]

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Global stock markets fell on 24 February 2020 due to a significant rise in the number of COVID-19 cases outside mainland China.[9][10] By 28 February 2020, stock markets worldwide saw their largest single-week declines since the 2008 financial crisis.[11][12][13] Global stock markets crashed in March 2020, with falls of several percent in the world's major indices. As the pandemic spreads, global conferences and events across technology, fashion, and sports are being cancelled or postponed.[14] While the monetary impact on the travel and trade industry is yet to be estimated, it is likely to be in the billions and increasing. By 16 March, news reports emerged indicating that the effect on the United States economy would be worse than previously thought.[15]

Answered by jeremypaul
0

Answer:

Explanation:The outbreak of coronavirus disease 2019 (COVID-19) has created a global health crisis that has had a deep impact on the way we perceive our world and our everyday lives. Not only the rate of contagion and patterns of transmission threatens our sense of agency, but the safety measures put in place to contain the spread of the virus also require social distancing by refraining from doing what is inherently human, which is to find solace in the company of others. Within this context of physical threat, social and physical distancing, as well as public alarm, what has been (and can be) the role of the different mass media channels in our lives on individual, social and societal levels?

Mass media have long been recognized as powerful forces shaping how we experience the world and ourselves. This recognition is accompanied by a growing volume of research, that closely follows the footsteps of technological transformations (e.g. radio, movies, television, the internet, mobiles) and the zeitgeist (e.g. cold war, 9/11, climate change) in an attempt to map mass media major impacts on how we perceive ourselves, both as individuals and citizens. Are media (broadcast and digital) still able to convey a sense of unity reaching large audiences, or are messages lost in the noisy crowd of mass self-communication? Do social media provide solace or grounds for misinformation, (de)humanization, and discrimination? Can we harness the flexibility and ubiquity of media technologies to increase the public's adherence to the safety measures suggested by global health organizations to combat the spread of COVID-19? How can different media industries and channels for mass communication promote adaptive responses to foster positive health attitudes and adherence to preventive measures? How media impact the dynamics in the private domain (e.g. strengthen family bonds versus domestic conflict and violence)?

Within this ample framework of complexity, we welcome research addressing media impact and its role during the COVID-19 pandemic, in the following subtopics:

• Effective health communication for the adoption of sustainable preventive measures and curtailing misinformation;

• Public health communication to increase psychological resources and resilience in distinct age groups and socioeconomic conditions;

• Effective strategies for helping individuals in dealing with social and physical distancing;

• Reduction of stigma, prejudice, discrimination, and inequalities.

Type of articles may include Brief Research Report, Community Case Study, Data Report, Original Research, Systematic Review.

***Due to the exceptional nature of the COVID-19 situation, Frontiers is waiving all article publishing charges for COVID-19 related research.***

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