1.

Given the economic situation that we are in due to the pandemic, how would
financial markets help in the recovery of the economy?

This pandemic has not only caused a public health crisis, but it has also had a
significant impact on the global economy and financial markets. Significant income
reductions, increased unemployment, and delays in the transportation, service, and
production industries are among the effects of disease mitigation measures taken in
many countries.

In this time of uncertainty, the financial markets play a critical role in the stability and
recovery of the economy. Financial institutions can help minimize the expected
economic effects of this pandemic by continuing to lend to companies and consumers,
assisting in the operation of key markets and supporting economic activity and providing
assistance to those in need. It has also allowed financial markets in important countries
to stay open and functioning during this unprecedented time, therefore contributing to
economic stability and market confidence.

2. Given the circumstances that the suppliers of funds are in due to the pandemic,
what are the possible challenges that may possibly be encountered while our
economy recovers?

COVID-19 recovery would be a terrific news to everyone but every change of affairs and
circumstances can affect the economy and brings challenges to businesses. The
economy should recover in the end of 2021, with some business sectors earlier and
later. The growth of sales will challenge business leaders to find additional employees,
secure goods and services from suppliers, and manage increased need for working
capital.

The recession spread far beyond businesses like restaurants, hotels and air travel,
affecting the overwhelming majority of sectors of the economy. Most of these business
sectors have declines in employment since the pandemic began. Companies now must
consider what actions will limit growth and what action plans can be developed to
ensure the ability to gain in the economic recovery.

Employment is difficult in most sectors of the economy, despite our elevated

unemployment rate. Business leaders can begin by evaluating the problem. Some
cheap and easy steps can help a business both get ready to hire and evaluate how tight
the job market is. The communication should not wait until the business is ready to re-
hire. If everyone is ready to come back to work, then the staffing task will be
straightforward. But if many former employees say that they have found other jobs, then
the challenge will be greater.

Another easy way to gauge the market and lay the groundwork for more hiring is to take
applications, both online and from anyone who walks in. A business need not have an
opening to accept applications. The manager can chat with applicants, explaining that
the company is not yet ready to hire but wants to know who might be available when the
time comes. The employment was has the most significant effect in the economy
because without manpower to supply the needs of people