1920 Vs 2020
||January 1918 to December 1920
||November 2019 to ???
||USD-3,000 billion in 1918
||USD-88,000 billion (Approximately) in 2019
|US Stock Market
||Dow Jones Index 82.20 (1918) and 71.95 (1920)
||Dow Jones Index 28538 (2019)
||1918 during First World War period.
||2019 during the trade war between China and USA.
||Unsure of its source(First case reported in US military camp).
||World economy lost approximately USD-800 million.Almost 25% of shrinkage in world GDP.
||1.8 Billion in 1918.
||7.8 Billion 2019
||50 Million (Approximately)
|Pandemic Control Authority
||There was no such effective authority during the time.
|How Pandemic Ended?
||No medicines. Infected either died or developed immunity.
Era Before Antibiotics, penicillin or vaccines
|Last century witnessed high development of medical science and world’s readiness to face any challenge so that mortality rate will be surely low.
The Real Economic Impact Can’t be Calculated Until This Lethal Pandemic Ends. Unemployment And Deflation Will Have Social, Economic and Political Uncertainty and Resultant Cascading Crisis.
THIS TOO SHALL PASS..