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Economy

10-4: How to Reopen the Economy by Exploiting the Coronavirus’s Weak Spot

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10-4: How to Reopen the Economy by Exploiting the Coronavirus’s Weak Spot

By Uri Alon, Ron Milo and Eran Yashiv

May 11, 2020

Coronavirus which originated from Wuhan China has caused an epidemic that has led to the lockdown. The issue has ended up to the closure of major economic activities in the world making business to stop. It is this that has made many stakeholders try coming up with a possible solution. One of the solutions that have been given out by people in the cycling program that will see a business being reopened.

The epidemic is a great concern as it has led to slow growth of the economy and schools. The danger will be posed mostly on the venture once the epidemic is over. Also, the dangers associated with the issue is that most people depending on the income from their business can’t get their basic requirements. The proposal of the 4-10 working days might be effective in helping solve the issue. It will help to deal with the production of the virus as it will be suppressed. With the suppression, the spread of the virus will be limited. The practice has been attempted in European countries and New York City. Australia is set to start the program on their schools starting on the 18th of May.

With the above measure being a possible solution the other solution will include observing social distancing. Programs that can be enrolled to save the economy will be mainly having online buying. Convincing consumers to do online shopping despite the challenges that come with the business. It will be a sure way of ensuring that the virus has been suppressed and spread limited. In addition to that participation in trials will help deal with the issue and save a big population from the deaths.

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