Abstract

The Corona Virus Disease (COVID)-19 hit the entire human civilization in every parts of the globe. All of the major economic powers of the globe including the USA, Italy, Spain, China, Germany, France, UK, Switzerland, Turkey, Netherlands, South Korea and Canada were hit by COVID-19 severely during last three months. The world is now stopped and stagnant for an unknown period due to the deadly attraction of COVID-19. Commercial planes, cargoes, cross country vehicles, transportation, human movements, everything is literally stopped and sitting idle in respective garages. Trillions dollar investment are simply sitting idle without creating values from respective ends. Human, technical, mechanical, technological, every type of production are reduced into insignificant level. Therefore, we can easily state that the economic impact of COVID-19 may result into a deeper Global Financial Crisis in the near future. Entrepreneurs and businessmen must be prepared to continue respective businesses during the crisis and afterwards. Because, consumption of essentials are not possible be stopped at any situation. Stopping supply of essential products may deepen the crisis even further.

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