Question

In: Economics

How does the sudden increase in demand and supply for masks andhand sanitizers affect our...

How does the sudden increase in demand and supply for masks and hand sanitizers affect our future economy?

Solutions

Expert Solution

Answer : Sudden increase in demand and supply for mask and sanitizers helps people to set small business units to manufacture masks and sanitizers. This helped in creating employment Oppertunities and increased equality in the society.

Future economy have chance of economic development with emergence of new small scale units of masks and sanitizers in the economy. It also showed economic boost and also helped to increase living standards of people and creating employment opportunities in the economy.


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