Question

The world is at a blink of a pandemic as a result of the COVID-19 .Using empirical evidence from around the world , critically analyse the financial risks faced by various economic agents and the extent of response to circumvent the severity and frequency of exposure posed by the COVID-19

Answer 1

COVID-19 is a pandemic by which whole world is suffering . The countries are locked down China has locked down, America has locked down. The economy of china has fallen down everyone is suffering. Many people died due to this virus and the public also isolated themselves in their houses.

The countries have cut their export and import from each other. The economic agents are also affected by the virus,the agents are the producers and consumers. Due to the lock down of industries many producers are not producing goods and consumers are also suffering from the corona virus. The poor people are bearing the loss and industries also.

If it will not controlled than the situation can be more disaster.