How COVID-19 Changed the World

Five years ago this week, the World Health Organization declared the COVID-19 pandemic, and the world has never been the same. What began in December 2019 as a cluster of patients in Wuhan, China, with a mysterious pneumonia-like illness exploded into an existential threat that has killed more than 7 million people. Life changed for everyone, practically overnight. Millions of workers lost their jobs as businesses shuttered, and those who were fortunate enough to work remotely had to adjust quickly to digitalization. Supply chains were disrupted, and economies were in turmoil. Health care professionals faced unprecedented challenges caring for the sick while trying to protect themselves amid a shortage of equipment. The real estate market, particularly in the United States, transformed dramatically as prices rose along with interest rates. No country, no industry, no individual was left unaffected by the pandemic, in ways both large and small.

We asked several Wharton professors to reflect on these profound changes and how they continue to shape the world. Keep reading for their responses.

Read the full article at: knowledge.wharton.upenn.edu