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Covid-19 has impacted the world in an unprecedented way. The astounding rate that Covid-19 spreads has made it a universal and ubiquitous threat, affecting every facet of our daily life, causing changes in behavioral characteristics among individuals, communities, and governments. Accordingly, there have been drastic changes in domestic markets, governmental policies, and decision-making processes in this environment in supply and demand. This paper reviews the current market situation facing Covid 19, economic sector’s responses so far and its impact on post-pandemic era. Covid-19 has been a warning sign that we have to do better. Although the world was unprepared for this global crisis, this could be an opportunity for governments and businesses to learn from the experience and harden up to do better under abrupt challenges that could arise in the future. |
