In: Accounting
As we all know that this Covid 19 has coronavirus which origion is China has become a destroyer of economy and it has impacted over 160 countries. It mainly impacts on America, Spain, Itly, China etc. As expert and economists says that it is not possible right now to tell exact that when it impact will over because now it's vaccine is not available in world and even doctors don't know more about it.
Coronavirus has impacted most of countries economy due to major lockdown in almost all country. People are losing their job because of it since company is not in capacity of bear employee expense since their is no work available at this time due to lockdown. Most of small and medium companies will go shut down .
It will take around 1year to be normal and stable the market jobs will come back once this pandamic coronavirus impact will end. and here govt have to play a very vital role to boost the economy by givind some relaxation to the companies.
#Stay at home
#Be Safe
I hope this clear your doubt.
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