Since 2020, the economy has changed drastically due to the global pandemic. Governments have implemented various policies to try and stimulate economic growth, such as providing stimulus payments and creating programs to help businesses.
At the same time, many companies have had to adjust their operations, such as shifting to remote work or downsizing their staff. As a result, unemployment rates have gone up, and many people have had to rely on government assistance to make ends meet.
The pandemic has also had an effect on the stock market, with some stocks falling dramatically and others seeing unprecedented growth. This has been especially true in the tech sector, where companies like Tesla and Zoom have seen their valuations skyrocket.
Overall, the economy has changed drastically since 2020, and the effects of the pandemic will likely be felt for years to come.
How Rethink (Reflect & Ponder) Your Business (8 Resources)
It is important to embrace an open mindset and be willing to be flexible, as you confront the ever changing economic landscape.