impact of covid-19

 

The COVID-19 pandemic has had a significant impact on the global economy. The sudden and widespread shutdowns of businesses and industries, as well as the restrictions on travel and gatherings, have caused a sharp decrease in economic activity. Many businesses have been forced to close their doors permanently, and millions of people have lost their jobs.The decrease in consumer spending has led to a decline in demand for goods and services, which has further exacerbated the economic downturn. The decrease in demand has also led to a decrease in production, resulting in a decline in gross domestic product (GDP) and an increase in unemployment.in perspective im from srilanka srilanka is developing country and economy of srilanka stands with tea industry,rubber industry,etc ..... and the fall of economy in srilanka still down in 2023