“Saying that geopolitical influence does not have much of an influence on the market is an understatement” Coronavirus a.k.a. COVID-19, Economic Crisis and lashing out at China There are a total of 24,336,858+ estimated cases recorded in the world right now as of this blog being published. Ever since the World Health Organization announced the COVID-19 outbreak as a global pandemic on 11th March 2020 due to spreading infection at an alarming rate, several countries since then have announced quarantine and lockdown thus resulting in less workforce further reducing the GDP. The Graph above clearly proves that the involvement of jobs of people at a certain growth rate will affect the economy of a country directly. But ever since the announcement of lockdown many people could not go to work thus stagnating the growing economy and development. Several companies due to major financial loss and small firms who couldn't handle the situation have also dismissed people from their jobs...
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