Similarly, and more recently, the COVID-19 novel coronavirus has acted as a worldwide disruptive agent. When the first factories in China shut down because workers were staying home, components for items like iPhones and even Ford and Kia automobiles became harder to find. Financial stocks also fluctuated sharply, as the virus began to spread around the world and fears mounted of a coming pandemic. As nation after nation issued “stay at home” orders, businesses closed and job losses skyrocketed, with more than thirty million people filing for unemployment benefits in the United States alone
...more