BUSINESS IN TIMES OF PANDEMIC
It’s been known that due to Covid-19 the economy has fallen down. Many small growing businesses have been devastated and that is something that affects capitalism in the United States. Government ordered nonessential businesses to temporarily shutter in order to help the spread of Covid-19, but for many small businesses, the closures may end up being permanent. So now business will need to put in place new safety measures to combat the spread of coronavirus pandemic and reactivate the economy once again. It’s believed that the best way to make this happen is investing heavily in safety measures and new protocols and, in many cases, changing the way they operate. Also, people started to buy things online which will also hurt commercial property values because physical stores will continue to close.
REFERENCE
Tappe, A. (20 de agosto de 2020). The pandemic is turning into a super-expensive business quagmire. New York, United States: CNN.
Stankiewicz, K. (20 de agosto de 2020). El-Erian says coronavirus devastation of small businesses threatens capitalism in the U.S. United States: cnbc.