Negative impact of the coronavirus as one of the socio-economic issue on businesses​

Explanation:

Tye negative impact of the coronavirus is that:

1. Unemployment: A negative effect of the virus is the increase in unemployment. Since, people were informed to stay at home, this hindered people from performing their normal activities. Since there was less money in circulation, this led to loss of jobs.

2. Pressure on Health and medical systems: Due to the spread of the virus, there were pressures on hospitals, clinics etc.

3. Negative effect on economic growth. There was a decrease in the demand of goods and services which in turn, had a negative effect on economic growth.

4. Deaths