IMPACT OF COVID-19 ON EDUCATION, ECONOMICS AND SOCIETY

World Health Organization (WHO) announced Coronavirus or COVID-19 as a pandemic on 11th February 2020. It is
a respiratory disease. Its first case was reported in China in December 2019. After this disease spread worldwide
creating an enormous impact on education, economic and society. The impact of COVID-19 on economy had because
of two reasons. First shut down of financial markets, corporate offices, businesses and events. Second the exponential
rate at which the virus was spreading the uncertainty of how bad the situation could get led to flight to safety
consumption and investment among consumers, investors and international trade partners. The novel Coronavirus
and the containment measures posed a challenge to human interaction by maintaining social distancing and isolation
which created a huge impact on social relations. Social connections interactions and relations have become integral
part of our life. So the absence of such connection leads to stressful states of loneliness, anxiety, depression, mental
disorder, health hazards and many other issues. COVID-19 also created a huge impact on education. Around 3.3
million learners stopped to move school/colleges and all educational activities halted globally. This pandemic worked
as catalyst for many educational institution to grow and opt for platforms with technologies which have not been used.
This paper studies the detailed impact of COVID-19 globally and concluding with positive and negative impact. The
objective of this paper is to research on this changes and provide suggestion for the foreseeable problems.