Answer to Question #265480 in Sociology for Karen

Question

Discuss the socio-economic experiences of the family and some of the ways that the Covid-19 lockdowns have affected different households. Reference (about 100-200 words)

Answer 1

In a response to flatten the curve governments have enforced border shutdowns, travel restrictions and quarantine in countries which constitute the world's largest economies, sparking fears of an impending economic crisis and recession.

In an attempt to understand the turmoil effect on the economy, we summarise the effect of COVID-19 on individual aspects of the world economy, focusing on primary sectors which include industries involved in the extraction of raw materials, secondary sectors involved in the production of finished products and tertiary sectors including all service provision industries.

The travel industry is grappling with an unprecedented wave of cancellations and a significant drop in demand amid strict governmental instructions to implement social distancing and the restriction of unnecessary travel. Globally, border closures are on the rise. In the US, all foreign nationals from China, Iran and certain EU countries are barred from entering. This ban includes anyone who visited these countries within the 14 days.