115k views
0 votes
Has Government intervention harmed or supported businesses more during the shelter-in-place?

User Neftanic
by
4.1k points

1 Answer

1 vote

Answer:

During the shelter-in-place, governments took various economic and financial measures aimed at improving the situation of people and companies that were unable to carry out their activities as a result of the global health situation. Thus, economic aid bonds were issued, taxes were reduced, fiscal benefits and payment facilities were generated, and the development of minimum levels of activity was allowed to facilitate the subsistence of the entities of the private economy. Therefore, government action supported businesses, which would otherwise have gone bankrupt as a result of the pandemic.

User Adifyr
by
4.7k points