EFFECTS OF COVID-19 ON E-COMMERCE

Abstract

The world changed forever when the first corona virus case was detected on 17th November, 2019 in Wuhan, Hubei, China. Corona virus disease (Covid19) can be transfer from one person to another and viral infection caused by severe acute respiratory syndrome. It is revealed by experts that Sars- Cov-2 is related to severe acute respiratory syndrome-like bat viruses and hence bats could be a reason of this disease. The source of origin and transfer to humans is not known but quick human to human transfer is hugely reported. The biggest problem with this disease is that no clinically proven drugs or vaccine is available and it has causes many deaths worldwide. The corona virus has spread across the world with over 54 million cases and over 1 million deaths worldwide. The pandemic has presented tough choices for governments of the world, local communities, schools, colleges, health care systems, families and businesses. The biggest question posed before everyone is the choice to make between lives or livelihoods. Enforcing forced lock downs to prevent the spread of the disease was the initial solution presented by the government worldwide but this had severe economic consequences. Not only were they unsuccessful in preventing the spread of the disease but they also destroyed livelihoods and savings of people across the world (World Bank, 2020).