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Impacts on Low and Middle Income Countries

Direct Impact on Production:- As we know that these countries are not well-established due to resources and facilities. The people of these countries are not able to manage best machinery to expand their business. That’s the main reason, Low and middle income courtiers are mainly affected by the COVID-19 and we can see that lots of results as well. The production segment is completely destroyed here because people are facing several issue related to their health. They don’t have resources to maintain the health conditions. If you want additional points about this topic then you can take the benefits of our online  assignment writing help with Economics topics directly from our website.

Supply Chain and Market Distribution:- Another negative impact, we can see that due to pandemics, people are not going outside due to lockdown. Everyone has to follow the orders to save themselves. In this situation, we are not making any products and that’s why entire chain is suffering problems. People are getting maximum loss due to these pandemics financially. We know that students need additional points to write this topic and our assignment providers are ready to provide complete support through economics assignment help.

Financial Crisis:- These Low and middle income countries are facing several issue related to financial growth. Basically, the people of these countries are completely depending on their work. If they will not do any kind of work then they will not get the amount. This gives double impact on their life.

On Education:- In the Low and middle income countries, people are not able to afford high education due to their low income. Due to this situation, children are facing several issues; they are not getting the proper facilities to get the quality education. That’s the main reason these countries are getting maximum affects as comparison to another countries.

Unemployment:- One of the biggest challenges due to COVID-19 in Low and middle income countries. Maximum people are losing their jobs due to this current situation. This gives negative impacts on them because they are not getting any kind of work to do.

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