COVID-19 Economic Impact

COVID-19 Economic Impact

As time passes, COVID-19 is starting to take its true form as the US death toll skyrockets. Many people around the globe are conspiring against the Chinese government that this outbreak is actually an indirect attack of China to the economies of the rest of the world. While this is surprising for many but these claims can actually be verified that China has actually begun to recover the damage dealt in January and February 2020. This could very well be true but China in itself dealt a large amount of damage to its economy. All the facts put together, there is not enough evidence to put such allegations over the Chinese government as they were hit by COVID-19 and had their economy crashing down to Earth.

The world needs to be together at this point in time.

Importance of Lock-Down in India:-

Meanwhile, the countries that are currently in the early stages of the COVID-19 outbreak may experience worse situations due to the absence of proper medical facilities like China. For example, the Indian government has ensured proper medical facilities but due to a large population even such medical facilities will be used in just an interval of a few days. If the 24-day lock-down was not in place then the death toll would have been so big that the economy of India would have come crashing down. Believe it or not many small and big businessmen are complaining about the lock-down that was placed in India but they do not realize its importance. If COVID-19 was to spread in India then the consumers and producers of many products will be effected which would basically bring down the economy of the country.

Death toll will be proportional to the damage dealt to the economy.

People must understand that this is a very tight situation for the whole world and must take necessary precautions to ensure the safety of themselves and their loved ones for protection against COVID-19.

Economic Fall Of China(January-February 2020)

One can see very clearly in the above data that the economy of China has suffered a lot due to the COVID-19 outbreak. This makes it obvious that COVID-19 is actually not a making of the Chinese government but a work of nature itself.

China has begun to recover its damage that was dealt to its
economy as of April 2020. They even celebrated its grave sweeping festival under the burden of the presence of COVID-19 strains in its population.

When a cure to this virus is found and the world reaches its normal pace again then I request the people who are reading this blog to not abuse the resources that mother nature is giving us.

Plant more trees, do not put dirt into river waters(only for IN), become vegetarians to protect the lives of domestic animals.