How covid19 has changed the world
Pandemics, like revolution, war and economic crises, are key determinants of historic change. We look at the history of epidemics, from Black Death to smallpox to COVID -19, and discuss how the coronavirus will reshape the world. The coronavirus pandemic has lead to an increase in air quality all around the world. Lockdowns have resulted in factories and roads shutting, thus reducing emissions. COVID-19 has already caused a lot of upheaval. An economic recession is around the corner. Global GDP is expected to contract. The world after the coronavirus pandemic will be a different world. It will never be the same again. Industries are struggling as due to the lockdown there is no business. Airlines have already slashed salaries of staff by 30%-50%. Media houses have fired many people or asked many of them to go on leave without pay, as per reports. After the lockdown ends companies will be facing demand side issues as consumption will take some time to pick up. Profits ...