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