Assessment by Comparison of COVID-19 and World-wide Islamic Financial Turmoil: Testimony from US Economy

Abstract

The Covid-19 emergency had significant adverse consequences all throughout the planet, influencing numerous economies and demolishing their conditions, which might have prompted an extreme downturn or even a downturn. The quantity of positive cases has risen pointedly lately, and passing’s have additionally topped. The goal of this review is to look at the effect of the worldwide monetary emergency and the COV-19 epidemic on the macro-economic factors of the U.S market. It likewise gives a comprehension in distinct structure to dissect and look at the worldwide monetary emergency and the COV-19 disease in plain and graphic structure. Tables and the normal technique are utilized for investigation. For realistic configurations, graphs were utilized for the last year 2008 and the start of the 2009 worldwide monetary emergency. The outcomes demand that the current COVID-19 pandemic is a more noteworthy weight on monetary action than the worldwide monetary emergency. Moreover, the impact of the crisis on the chances of a recession in the recent epidemic is not exactly on the hour of worldwide monetary emergency.