Question

write a short essay about the effects of pandemic on our economy. Apply the basic features of academic

Answer 1

The COVID-19 pandemic has had a significant impact on the global economy, affecting businesses and individuals around the world. This essay will discuss the effects of the pandemic on the economy, including the impact on businesses, employment, and government finances.

One of the most significant effects of the pandemic on the economy has been the impact on businesses. Many businesses have been forced to close their doors due to lockdowns and restrictions, resulting in a significant loss of revenue. This has had a ripple effect throughout the economy, with supply chains disrupted and businesses struggling to meet demand. The pandemic has also accelerated the shift towards e-commerce, with many businesses forced to move their operations online to survive.

Another major effect of the pandemic has been on employment. Many individuals have lost their jobs or have been furloughed due to the economic downturn. This has had a significant impact on households, with many struggling to make ends meet. The pandemic has also highlighted the precarious nature of many jobs, particularly in the gig economy, and has led to calls for greater worker protections.

Finally, the pandemic has had a significant impact on government finances. Governments around the world have had to provide significant financial support to businesses and individuals to help them weather the economic storm. This has led to a significant increase in government debt, which will need to be paid back in the years to come. The pandemic has also highlighted the need for greater investment in public health infrastructure, which will require significant government funding.

In conclusion, the COVID-19 pandemic has had a significant impact on the global economy, affecting businesses, employment, and government finances. While the pandemic has been a difficult and challenging time for many, it has also highlighted the need for greater resilience and preparedness in the face of future crises. As we move forward, it will be important to learn from the lessons of the pandemic and to work together to build a more resilient and sustainable economy for the future.

Answer 2

The pandemic effect to much to our nation and even world. Our government was trying to provide masks and sanitizer to the public and help us much as they can. Due to the pandemic we have to stop doing our works and it has been very hard to survive with less money. the COVID positive patience have to use oxygen cylinder which was very hard to find and cost a lot. The government try to bring/produce much vaccine as they can and many money were involved for vaccine masks sanitizer and oxygen cylinder which made the economy down