Understanding Business, 10th Edition

Published by McGraw-Hill Education
ISBN 10: 007352459X
ISBN 13: 978-0-07352-459-7

Chapter 2 - Understanding Economics and How It Affects Business - Taking it to the Net - Page 56: 4

Answer

One student may write the following. Based on the information that I've gathered, I believe that company sales will decrease tremendously over the next few years as the Coronavirus wreaks havoc on the economy. This will, in my opinion, cause a horrible recession or worse, a depression, which will decrease the money people have to spend, thereby decreasing spending and company sales.

Work Step by Step

This is an opinion based on job trends as well as current events (primarily the Coronavirus).
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