COVID-19 had a serious effect on the global economy. Many businesses were closed, and millions of people lost their jobs. Industries like travel, tourism, and retail were badly affected.
Small businesses faced financial problems due to lockdowns. Many companies had to reduce staff or close permanently.
Some sectors like technology and online services grew during the pandemic. People started using:
| Economy Table | |
| Sector | Impact |
| Tourism | High Loss |
| Retail | Business closure |
| Healthcare | Increased demand |
| Technology | Growth |