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Many celebrated economists have likened the recent novel covid-19 pandemic to “the great depression” of the...

Many celebrated economists have likened the recent novel covid-19 pandemic to “the great depression” of the 1930s. One of the havocs this pandemic has caused is the general decline in the value of most stocks. As a student of corporate finance, what cardinal concept in finance will you attribute this to and what are the critical issues involve in this concept.

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As COVID-19 impacted the whole world and its economy as well and therefore many of companies or organizations are going to shut their business due to lockdown in their county or restriction on sale or purchase or export of goods and services. This COVID-19 pandemic has a great depression of the 1930's.

There are lot of critical issues involed in this:

1. How to recover the economy

2. How to save companies

3. How to save jobs of people

4. How to start work in their country.

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