Coronavirus is real! The virus has taken a toll on many economies around the world. Without a vaccine, cases continuously spike in number. Many nations have experienced another wave of infections when they tried opening their economy.
Governments around the world implement strict measures to halt the spread risking the economy. Measures such as social distancing, lockdowns, and quarantines have been very common in many countries around the world. These measures had a great impact on many economies. It had slowed down many businesses. Because of this, we have begun experiencing a global recession. Up to this date when the first breakout of Corona Virus many economies and governments are struggling to survive and fight this worldwide problem. Still many are uncertain about this global crisis. However, despite these economies and Governments around the world are working hard to come back in order to return to normal.
For many nations, the impacts of the Corona Virus on the economy are still real. Finding solutions on how to recover is still uncertain and blurred. It has caught many policymakers, politicians, and business owners off guard.