Disastrous Economic Impacts of COVID-19 (Essay Sample)

The Economic Impact of COVID-19
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The COVID-19 global pandemic is estimated to have claimed over 3 million lives and has left 146 million cases, with an estimated 1% of the world’s population dead. COVID-19 spread across the world and every country took actions economically, politically, and socially to mitigate its effects. People altered their lifestyles to keep themselves and their friends and family safe. It was a time of change and adjustment to stop the spread of the virus so that life could be restored back to normal. However, some spheres of life such as the economy were affected much greater than others. The COVID-19 pandemic has led to many negative economic impacts across the world, which prompts a need to establish an intervention that will help curb the spread and embark on normal operations.
The introduction of the COVID-19 virus from China in 2019 was the beginning of a pandemic that would later spread and polarize many people's lives across the globe. COVID-19 is a severe acute respiratory syndrome (SARS) virus strain and is transmitted by human-to-human contact (Kandola, 2020). According to the World Health Organization, the first case of the virus was reported in Wuhan, China on December 31, 2019 (WHO, 2020). This marked the beginning of the COVID-19 global pandemic. The virus is believed to have originated from bats and pangolins, and it has shown to have mutated once it jumped from bats to humans. The coronavirus spreads through the respiratory droplets from humans to humans.
This virus is able to survive outside of the human body but is still killed by continuous exposure to extreme heat. People are at a higher risk for infection from this virus due to frequent contact with one another through their activities such as healthcare, travel, and the workplace. The virus rapidly spreads once an infected person coughs or sneezes, which spreads the virus to others. The virus can also been spread by touching infected surfaces. The most common signs and symptoms of COVID-19 include fever, cough, shortness of breath, nausea, vomiting, and diarrhea. However, some people may not show any signs or symptoms at the beginning stages of the virus. COVID-19 may also result in kidney or respiratory failure.
The severity of the COVID-19 resulted in the need for fast action to take place as the transmission of the disease is highly contagious. The World Health Organization made many decisions to help control the virus. In China, the government implemented a 14-day surveillance period and started a mass closure of public spaces, which included schools and businesses. In response to the outbreak, countries started legislation to monitor their populations for signs of infection and illness, which includes being quarantined if exhibiting symptoms. The WHO also recommended for affected