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The Impact of COVID - Coggle Diagram
The Impact of COVID
Agriculture
Several restrictions on movement between two places, therefore hindering transport of agricultural goods.
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Agriculture was an essential service, so the impact was a lot lower on this sector as compared to other sectors of the economy.
Tourism + Entertainment
Drastic impact on aviation as airlines saw little to no travel as all travel came to a halt. Only emergency travel and repatriation flights were allowed.
Movie theatres, malls, restaurants and public places meant for entertainment purposes saw zero footfall as government restrictions were placed and people were not allowed to enter these spaces for an indefinite amount of time.
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Real Estate
The nationwide lockdown and several government restrictions resulted in many real estate projects and construction to be stopped.
Labour and migrant workers moved back to their villages, away from the metropolitan cities.
Oil + Gas
Transport fuels saw a decrease in demand as people were at home, due to the lockdown
Auto and industrial manufacturing and no movement of people also caused a decrease in demand for fuels.
Unemployment
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Purchasing power of people significantly reduced, leading to a decrease in demand for goods and services supplied and produced.
Recovery after COVID
Employment opportunities have increased post COVID, that has helped bring down the country's unemployment rates.
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