Question

Choose one current event. Describe the event and discuss the economic implications of this event. What economic effects might this have at the individual and societal levels?

Answer 1

Corona virus.  so many people have lost their jobs and companies have had to shut down due to the fact that they are not hitting their monthly targets. Schools have also been shut down and parents are having to find ways to help their kids catch up in school by homeschooling or some other ways. Many businesses have had to find new ways on how to stay open during the pandemic by staying socially distanced and wearing masks