Question

Develop a conceptual mindset, argue with your way of thinking and interpret the different positions facing current social complexity.

current economy topic

Answer 1

In the pandamic situation due to covid-19 the whole world suffers as no vaccine is invented till now.but the covid-19 spreads at a high rate through public contact.it has a low mortality rate but in a small span of time it can infected a large scale of population and it is more dangerous as it has no symptoms rather than fever.but when a large number of people in very short time then it is quite impossible to provide medical facilities to all and here the problem starts.if everyone can't get medical asistance then it is quite difficult and it is more dangerous for people above 60.so to cope with the situation and to avoid public gathering or individual contact lockdown is most effective.most the country follow this method to prevent the growth of virus.contry like china spain italy India are going through the lockdown. the growth of this virus has been decreased through lockdown.in lockdown a country is completely sealed as no people can came inside the country and none goes outside either.all the shops and marketplaces will be closed untill this situation became normal with relaxation some essential product and medicine shops.government will provide food items and essential products at the door steps.and if people are not getting out from their home then it has a minimal chance of physical contact with others and also public gathering and it those things will not happen the virus growth will also be minimum.and the health of the individual of countries came first and to protect inviduals lockdown is necessary.

But there are certain problems and the first is economic issue.if the country goes through lockdown then all the production process will stop and so the economic wheel of the country stuck.as most of the individual of any country engaged with unorganised sector,their income falls drastically almost zero due to lockdown.but consumption must not be zero so their savings will fall at very high speed.and moreover all the individual don't have the sufficient amount of savings so their situation became pathetic.although government provides some food items but it is not enough and there are more things needed to survive in today's world.in a big country like India such a huge population is quite much difficult as due to lockdown many people goes below poverty line and they can't get basic goods for survive.also in India,Brazil like countries has slum and a larger portion of people lives there where social distancing can't be maintain so the lockdown is not effective.and for a hue populated country it is impossible for government to provide all individual food items efficiently.also all the production is stopped then the revenue collection of the government will also became very low.so it is quite impossible for government to run lockdown for a long period of time as they can run out of funds.also the growth rate of any economy became zero or negative that means due to lockdown any economy can go backwards.and in unorganised sectors most of the labour will not getting wage due to lockdown and many will lose there jobs.so the unemployment level of the economy will increase very much.and to revive economy after the lockdown is not very easy.