Effects of COVID-19 on Business and Research

People are always afraid of pandemics and natural disasters. Due to the changing environmental conditions and close proximity of animals, human beings are more susceptible to viral infections. Precautionary measures should be taken to combat such situations. When stroked by a global pandemic people save money instead of investments leading to decline in the economy. Owing to disease outbreaks the public worry the most about their safety as they wear masks and practice social distancing. In general, Homo sapiens look for feasibility. The society relies on import and export of goods which is banned during such pandemics. Covid-19 outbreak incited business closures and monetary disruption raised. Companies stopped hiring workers and all activities shifted to virtual platforms.