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outline the economic implications of coronavirus and fully evaluate this virus on the economy. The essay should consist a minimum of 1000 words​

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Answer:

Things like social distancing, self-isolation, and travel restrictions have led to a large workforce reduction across all economic sectors and caused many jobs to be lost. Schools have closed down, and the need for commodities and manufactured goods has decreased drastically. In contrast, the need for medical supplies has significantly increased.

Globally, 73% of all respondents believe that conditions in the world economy will improve in the next six months. It’s the largest share to say so all year, while the share of executives expecting worsening conditions has shrunk by more than half in the past three months.

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