Authors :
RENATO L. VIROLA; ALVIN GINO M. BAUTISTA
Volume/Issue :
Volume 6 - 2021, Issue 9 - September
Google Scholar :
http://bitly.ws/gu88
Scribd :
https://bit.ly/3nZ0icw
Abstract :
This study is all about the effect of Corona
Virus Disease Pandemic and its significant effect to the
economy. The COVID-19 pandemic ruin the life of many
people as well as the economy of the world. Sometimes, it
is not easy to hinder dangerous diseases from emerging,
but planning to lessen the bad effects of this pandemic is
very important than doing nothing and. The current
problem about COVID-19 has had a great monetary
effect all over the world, no rich, no poor country,
everyone will be affected. This problem is very much
significant for the economy, all of humanity is literally
affected, which has provoked keen changes in how
associations perform and clients continue. Out and out,
there are 13 papers that cover unmistakable industry
regions (e.g., the movement business, retail, high-level
training), changes in purchaser lead and associations,
moral issues, and points related to laborers and
organization.
The COVID19 pandemic was began when SARSCoV2 infection from the province of Wuhan, China
spread among the people all over the world. It made an
expansive overall shock making an extraordinary money
related break. There has been a stoppage in all moneyrelated territories worldwide and over 33% of overall
people were put under lock-down. This study focused on
the impact of COVID-19 pandemic with regards to the
money consumption, people’s expenditure, countries
finances and other economic impacts in different
countries affected. This research can be a great help
tothe small and medium businesses which is truly
affected by this COVID 19 outbreak.
Keywords :
Virus outbreak, Economic shock, Global pandemic, Economic crisis
This study is all about the effect of Corona
Virus Disease Pandemic and its significant effect to the
economy. The COVID-19 pandemic ruin the life of many
people as well as the economy of the world. Sometimes, it
is not easy to hinder dangerous diseases from emerging,
but planning to lessen the bad effects of this pandemic is
very important than doing nothing and. The current
problem about COVID-19 has had a great monetary
effect all over the world, no rich, no poor country,
everyone will be affected. This problem is very much
significant for the economy, all of humanity is literally
affected, which has provoked keen changes in how
associations perform and clients continue. Out and out,
there are 13 papers that cover unmistakable industry
regions (e.g., the movement business, retail, high-level
training), changes in purchaser lead and associations,
moral issues, and points related to laborers and
organization.
The COVID19 pandemic was began when SARSCoV2 infection from the province of Wuhan, China
spread among the people all over the world. It made an
expansive overall shock making an extraordinary money
related break. There has been a stoppage in all moneyrelated territories worldwide and over 33% of overall
people were put under lock-down. This study focused on
the impact of COVID-19 pandemic with regards to the
money consumption, people’s expenditure, countries
finances and other economic impacts in different
countries affected. This research can be a great help
tothe small and medium businesses which is truly
affected by this COVID 19 outbreak.
Keywords :
Virus outbreak, Economic shock, Global pandemic, Economic crisis
