A large number of work stoppages in COVID-19 have had a great impact on the economy. First of all, most people don't go shopping, or the state controls tourism, so tourism is basically difficult to develop. Then the catering industry can only find ways to transform take-out or fast food, so as to minimize the economic impact brought by the COVID-19 epidemic, and the import and export will also be hit hard. Consumer countries will ban many food exports from countries with severe COVID-19 epidemic. What's more, it is actually small traders who are seriously affected. Once no one buys their goods, they actually have no income and no security. So most small vendors and even some small companies will go bankrupt, and many people will lose their jobs.
What is more noteworthy is that the large number of unemployed people brought by COVID-19 will greatly enhance the consumption power, and temporary economic fluctuations can be compensated by policy adjustment. However, the lack of purchasing power makes many places need to revitalize the economy through the form of consumer vouchers.
It is worth mentioning that COVID-19 has also promoted some industries, such as games, live broadcast and other industries related to indoor entertainment, as well as some express delivery and community e-commerce. These industries that do not need to travel or travel less have gained certain opportunities because of the epidemic.
To recover from the economic difficulties of the epidemic, we must start from the root causes. So far, the COVID-19 virus has not disappeared, and it has even become more and more serious in some countries. For example, in the United States, as long as COVID-19 continues to poison the local people, it will be difficult for the local economy to fully recover. Therefore, it is necessary to speed up the research on epidemic vaccines, popularize vaccines as soon as possible, increase investment in scientific research in COVID-19, and popularize epidemic prevention measures as much as possible to ensure the eradication of COVID-19 as soon as possible and better recovery.
To recover from the epidemic, we should make more use of the power of the market. In fact, after the epidemic, there is great consumption potential in the market. After staying indoors for a while, most people are very eager to go out to spend and play. At this time, the market potential can still be activated as long as more relevant policies are used to promote market consumption and some relevant support policies are made to ensure the entrepreneurship of small and medium-sized enterprises. With the guarantee of basic purchasing power, as long as the market becomes active, there is hope for economic recovery.