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They typically are more devastating to developing countries because of a lack of resources to prevent and treat disease.
Explanation:
Global pandemics are typically more devastating to developing countries because of a lack of resource to prevent and treat diseases.
- Global pandemics are large scale spread of diseases.
- It is usually a catastrophic event that is not limited by borders.
In a developing country, there is a lesser advancement on the human development index and a lot of basic amenities are lacking.
It will be very difficult for these countries to manage global pandemics because they do not have medical and emergency resources to contains and fully eradicate the disease outbreak.
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Answer: The Great Depression of the late 1920s and ’30s remains the longest and most severe economic downturn in modern history. Lasting almost 10 years (from late 1929 until about 1939) and affecting nearly every country in the world, it was marked by steep declines in industrial production and in prices (deflation), mass unemployment, banking panics, and sharp increases in rates of poverty and homelessness. In the United States, where the effects of the depression were generally worst, between 1929 and 1933 industrial production fell nearly 47 percent, gross domestic product (GDP) declined by 30 percent, and unemployment reached more than 20 percent. By comparison, during the Great Recession of 2007–09, the second largest economic downturn in U.S. history, GDP declined by 4.3 percent, and unemployment reached slightly less than 10 percent.
Explanation:
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Answer: There were fewer people to fill jobs.
Explanation:
The plague led to the death of millions of Europeans and as a result, deprived them of a very valuable commodity, labor. Europe's economies were shattered as the number of people willing and able to work to produce goods drastically decreased in the number.
The ones that could work had to pick up the slack and demanded a higher salary for doing work that only they could do and so began the practice of labor negotiations in Europe.
