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Economy

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Submitted By enIsak
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Economics
Discussion how a Epidemic can affect a country's economy

The countries involved in an epidemic will immediately suffer in a population crisis where the average age of mortality decreases. More children will be born dead or carrying the TB at a very early stage.
Countries that were mentioned in the context are most of them developing countries for instance India, Indonesia and South Africa.

Poor average education and high unemployment are huge percent numbers in these countries and a epidemic could cause even more problems with the labor in a country if adults are dying. Result of these problems will eventually lead to a non-consumed agricultural resources since the eventual transmission of knowledge will fail in shortage of both labor and competent people. A starvation will break out due the shortage of food.

The development of social and economical aspects will also decrease or stop completely. Progresses involving better healthcare and greater survival number of babies will suffer also suffer from epidemics. Possibilities of helping people will also become completely removed because of the shortage of competent staff and economical issues.

The level of education will also decrease due the financial problems, schools will shut down and bad teacher salaries will not attract as many students becoming teachers because of the tough education.
Regular working man and women will also have to quite their jobs to take care of their sick/infected relatives. This will of course affect the economic cycle of gods, in a bad way
– Less consumption - no income for companies/government – companies shuts down their businesses because of the poor income – people lose their jobs and a financial weak/bad economical situation is formed. Not speaking of all foreign companies that will avoid investing in the countries because of the financial situation.

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