Many countries are worried about the damage to the economy that coronavirus is causing. Give some examples of how coronavirus is damaging the economy and suggest possible solutions.

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A lot of nations are concerned about the detrimental effects which resulted from the coronavirus which affects the
economy
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badly .
This
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essay
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will discuss two main reasons that lead to stagnation including the shortage of
employees
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in the labour market and the closure policy which is the main reason for inflation .
This
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essay
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will suggest several solutions for
such
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problems , involving encouraging companies to hire home workers and get the best use of technology to enhance
this
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process as well as establish a global reservation market to help us to transport goods in crisis periods . Obviously , there are a couple of causes that may hinder our
economy
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during a crisis of coronavirus infection. Many corporates have fired many
employees
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because they don`t have sufficient money to pay their salaries ,
Therefore
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, they suffered from a labour force which led to a decrease in productivity . ample
countries
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closed their borders , banning importing or exporting ; so they relied on self-deficiency in order to restrict the virus from spilling over.
For instance
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, many European
countries
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and china followed the closure policy and didn`t export any freight which led to global inflation especially, to these non-productive
countries
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.
Thus
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,
such
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complications would affect the global
economy
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negatively . Definitely , there we can implement some measures that could get the
economy
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to recover, but of course, it would need some time to show any results . We could depend more on online communications rather than personal meetings to get our work done .
By
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With
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the dint of technology it`s way much easier nowadays to accomplish our tasks and work through the internet and even we can make decisions neatly ,
moreover
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, we can create a global market just to act as a reservoir in case all the
countries
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closed their borders so we can help poorer states to combat the economical recession.
For example
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, after the closure , many companies kept in touch with their
employees
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via connection apps and they were able to run their businesses. So the global should consider these measures just to get out of
this
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issue . To conclude , a vast number of
countries
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are afraid of the destruction to the
economy
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caused by
a
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the
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coronavirus .
This
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essay
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discussed two main reasons for economical destruction including , the need for
employees
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,
in addition
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to the border closing problems .
This
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essay
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suggested two solutions to solve these problems involving , availing commodities to less wealthy
countries
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through the united nations and using technology and different platforms just to employ workers distantly .
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Word Count

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