Coronavirus and Its Effects on the Society and Economy

The coronavirus (COVID-19) pandemic is a world health crisis that has resulted in a total transformation of the normal way of life and interactions at all levels. The disease, which was first reported in China in December 2019, has spread rapidly in almost all nations around the world, with serious impacts such as the loss of lives, disruption of education systems, fears of impending recessions and economic crises, job losses, loss of close social contacts, and travel restrictions (World Health Organization, 2020). However, the prevalence of the global pandemic has also resulted in significant positive impacts such as the improvement and advancement of the healthcare systems in most countries, innovations in the education sector to incorporate new methods of learning such as the introduction of virtual learning, reduction of atmospheric emissions and pollutions, and improved personal hygiene. …