Pandemic has shattered the economic situation around the globe. The impact is being felt upon the individuals and over all class of people. To overcome the same people struggled, as everything happened within a very short time period. Now people have learned better out of the pandemic. This has made people to be better than before in terms of investments, savings and living standards. During the pandemic more entrepreneurs have got emerged, which also plays big role in the economic progress in the long term.
Yeah we got new entrepreneurs but I honestly feel more businesses were closed than the new ones opened due to the lack of of funding and financial crisis among small scale industries.
We might have got new payments methods like people above said digital payments and cashless transactions but frankly speaking the only way this digitalization is going to work, is by means of adequate education.
Often I feel like we get carried away by new technologies and digitalization because not everything that is being done digitally is great and not every physical activity is poor.