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July 7, 2021

Economics- GDP

You were familiarized with GDP in this module. Sometimes, economic topics seem pretty remote and not immediately related to our everyday lives. However, think about COVID 19 in 2020. While many Americans were affected by the virus, many more were impacted by the decreased economic activity and new ways of doing business put in place trying to contain the virus. Which of the changes made do you think might end up being permanent and kept in place after the pandemic is contained? As an example, do you think movie theatres will reopen? (They were already hurt by technology (streaming, DVD, on demand, etc.)

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