The Economic Impact Caused By Coronavirus Can Lead To Global Crisis

The Economic Impact Caused By Coronavirus Can Lead To Global Crisis

Like all epidemics, the Coronavirus also has had a huge negative effect on health sector and human life as a whole, the virus originated in China which is the biggest economy in the world bar the USA, it was also one of the fastest-growing economies in the world with its economy growing by 6.1% in 2019. CNN reports that US stocks fell around 7 % before coming to a halt, similarly, The Dow Jones fell around 2,046 points. Nasdaq also plunged around 5.4 %.