AI Article Synopsis
- COVID-19 is recognized as the most critical threat since WWII, emerging in Wuhan City, China, in December 2019 and rapidly spreading worldwide.
- The pandemic has led to severe health, economic, and social challenges, prompting countries to impose lockdowns that have disrupted economic activity and resulted in job losses.
- Various industries, including services, manufacturing, agriculture, education, sports, and entertainment, are suffering significant declines, with global trade expected to worsen this year.
Article Abstract
COVID-19 has been considered the most significant threat since World War II and the greatest global health disaster of the century. Wuhan City, Hubei Province, China, reported a new infection affecting residents in December 2019. The Coronavirus Disease 2019 (COVID-19) has been named by the World Health Organization (WHO). Across the globe, it is spreading rapidly, posing significant health, economic, and social challenges for everyone. The content of this paper is solely intended to provide a visual overview of COVID-19 global economic impact. The Coronavirus outbreak is causing a global economic collapse. Most countries have implemented full or partial lockdown measures to slow the spread of disease. The lockdown has slowed global economic activity substantially, many companies have reduced operations or closed down, and people are losing their jobs at an increasing rate. Service providers are also affected, in addition to manufacturers, agriculture, the food industry, a decline in education, the sports industry, and of entertainment sector also observed. The world trade situation is expected to deteriorate substantially this year.
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|---|---|
| http://www.ncbi.nlm.nih.gov/pmc/articles/PMC9923118 | PMC |
| http://dx.doi.org/10.3389/fpubh.2022.1009393 | DOI Listing |
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