Anika Bansal
Department of Law and Legal studies, Vivekananda Institute of Professional StudiesGuru Gobind Singh
Indraprastha University, New Delhi, India, 110009
MLA 8 Bansal, Anika. "EFFECT OF COVID-19 ON THE GLOBAL MARKET." Int. j. of Social Science and Economic Research, vol. 7, no. 1, Jan. 2022, pp. 13-18, doi.org/10.46609/IJSSER.2022.v07i01.002. Accessed Jan. 2022.
APA 6 Bansal, A. (2022, January). EFFECT OF COVID-19 ON THE GLOBAL MARKET. Int. j. of Social Science and Economic Research, 7(1), 13-18. Retrieved from doi.org/10.46609/IJSSER.2022.v07i01.002
Chicago Bansal, Anika. "EFFECT OF COVID-19 ON THE GLOBAL MARKET." Int. j. of Social Science and Economic Research 7, no. 1 (January 2022), 13-18. Accessed January, 2022. doi.org/10.46609/IJSSER.2022.v07i01.002.
References [1]. Explained Desk, “How Covid-19 has affected the global economy” India Today, 16 May 2020
[2]. Nitin Shahi, “Impact of Covid-19 On Indian Economy “Business World
[3]. Statista Research Department, “Impact of the coronavirus pandemic on the global economy - Statistics & Facts”, 20 November 2020
ABSTRACT: This particular research paper deals with the effect of the COVID 19 pandemic on the different
sectors and branches of the economy. The introduction briefly explains that the since a long time
this pandemic has been the factor that has shook the entire economy as well as the global market
to a deeper extent. The paper initially specifies the result of lockdown that was imposed by
different nations to curb the spread of the disease. The worldwide lockdown had paused and even
suspended all the day to day working of every branch of the Global economy. Secondly, it
focuses on the various effect on different sectors of the economy. Then the economic global
stagnation is linked and compared to the Global shift of power, that how the economic slowdown
in some countries has made other more economically stronger. Also, it talks about the different
problems that are faced by many counties internally including India. To conclude this one can,
identify that this spread and stagnation of the economic functioning has caused such a dent in the
economic growth that it seems difficult to function again on the same pace.
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