Also, the COVID-19 crisis started as a supply-side shock that morphed into a demand shock. High uncertainty and strict lockdown measures are increasingly weighing on the economy, leading to a rise in private savings in the short-run.
In conclusion, the paper has investigated the aftermath of Coronavirus in America, Turkey, Canada, and the U.K. Accordingly, relevant statistics have been presented to highlight the interpretations, along with findings.
The coronavirus (COVID-19) was first seen in China and became a pandemic all around the world. It has been a significant danger as much as the previous virus pandemics. The stock market values are decreasing, the countries are financially strained, thousands of people have been influenced by the virus, and a section of them died.
Right now, the COVID-19 pandemic has forced the institutions to teach the lessons in an online environment. While this seems like a better option for students in the short-run, if not executed correctly, online education can hurt the learnability of students and damage more than it has healed.
The news agenda of 2020 has been challenging in terms of the mental health of individuals due to following unfortunate events such as the U.S—Iran tension, Australian fires, and the Coronavirus, respectively.