Answer to Question #270640 in Microeconomics for Pranshi

Question

In the current pandemic-related GDP growth slowdown across the world, which industries or sectors in the Indian economy do you consider to have most benefited from the Covid-19 crisis and why? Explain and highlight in detail using the Demand-Supply analysis to substantiate your argument. Justify your analysis by supporting it with facts-cum-online data and substantiate your argument by extensively using graphs to highlight your answer

Answer 1

The health industry have really benefited from the COVID-19 crisis. This comes as more of their services have been received during the Crisis. Moreover, some of the protection measures were installed to make sure respective person received full protection measures.