Honestly speaking, if such a thing would happen in my country, I will likely be frustrated like the stress would be too much to handle, especially for parents. They might not even have time for their kids or any loved ones.
if this kind of event happens in my country, it will definitely cause protests. And the funny part is that there would be no benefits from any of it that is not fair .
Well, whether it is good? I believe that there are plenty of ways to address economic issues than taking away people's free time. And an event like this will definitely cause disagreement between both citizens and the government.