After the end of every world war, the economy of the whole world was devastated. The governments of the respective countries made sincere efforts backed by financial investments in every indispensable field like construction, manufacturing, agriculture, etc. to boost the economy, to provide jobs and improve the lives of their people
The world economy grew to its Best potential after the second world war, when the World Leaders and Governments of the powerful nations realized the importance of a strong world economy through peace and trade, which would benefit every country.
Corona Pandemic has focused the attention of the Governments of all the countries towards the Health industry like never before.The Governments have started programmes to manufacture ventilators at a much lower cost at a few thousands, compared to the existing cost, which runs into lakhs. The ‘Peace and Trade’ ideology of the world leaders after the second world war could bring benefit only to a few countries, still leaving behind billions of people who still lacked basic living needs.
Once the Corona Pandemic is contained completely, Governments of all the Economically powerful countries like USA, Germany, India, are going to make heavy direct and indirect investments particularly in the healthcare, manufacturing and construction industries, which would eventually generate ample opportunities for everyone for a better life.
The existing world economy through huge technological advancement, has already brought great joy and happiness in the lives of Billions of people and will further strengthen enormously after the Corona Pandemic and touch those Billions of life, which were never privileged to benefit from the booming world economy after the second world war.