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Saturday, April 25, 2020

COVID-19 pandemic greatest challenge around the globe after WWII

The novel coronavirus pandemic is the biggest global challenge after the world war II caused severe difficulties for the whole planet. WWII infected specific region and and affected millions with in a time frame of few years and didn't stop the world"s activities or business practically but COVID-19 has stopped the world practically. " The world is paralyzed" over two Million people are infected and more than 100,000 have died.
The world is in COVID-19 recession as it has attacked the significant portion of economy around the globe. After the collapse of great world war 2, economy was jus established but COVID-19 has just stopped the GDP growth and developed industries are showing negative improvement. obviously these are not good signs. The risks of financial crisis, breakups and balance of payment crisis are growing likewise in the ww2 trend. loss of savings and fall of stock market troubling the world market. one of the significant difference between world war 2 is that people knew it was going to last a long but involved Countries like America didn't stop its business and industrial activities. U.S encouraged factories and weapons industries grew fast. America did outclass performance in nuclear weapons but now a days it is difficult to estimate when will matters return to normal. factories and innovation are disabled. people are only concerned about their lives whether are they going to live and if they, up to then?

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