Final answer:
To recover from future losses, tourism should focus on sustainable practices and developing remote scenic locations, while education should invest in digital learning and capitalize on the high value placed on higher education, even in economic downturns.
Step-by-step explanation:
To recover from heavy losses in the future, the tourism and education fields could adopt several strategies. For tourism, diversifying attractions and investing in eco-friendly and sustainable tourism could create more resilient revenue streams. Developing remote destinations with beautiful scenery for relaxation can attract a new demographic of tourists searching for less crowded and environmentally conscious experiences. Moreover, city destinations like Dublin have shown that working through economic recovery phases can lead to repositioning in the global economy.
In terms of education, the pandemic has shown the importance of online courses and digital learning platforms. To recover, there may need to be an increased investment in technology infrastructure to support these modes of learning. Furthermore, enrollment surges in higher education around the world demonstrate that individuals and governments consider education an essential path to prosperity, even during economic downturns. Providing access and support for higher education can enhance skills and employability, which in turn can lead to economic recovery and growth.
Both sectors can benefit from international support and investment. Organizations such as the World Bank are essential for providing the necessary resources to prevent setbacks in human capital due to impacts like COVID-19. Educational institutions can capitalize on the increased value placed on higher education, seen through rising enrollments, to maintain and grow their revenue streams during and after crises.