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Vaccine Development and DistributionVaccine Development and DistributionGlobal Supply Chain and Economic DisruptionsGlobal Supply Chain and Economic DisruptionsGovernment Responses and PoliciesGovernment Responses and PoliciesGlobal Outbreak and Declaration of PandemicGlobal Outbreak and Declaration of PandemicSocial and Behavioral ImpactsSocial and Behavioral ImpactsEconomic Impact and RecessionEconomic Impact and RecessionHealthcare System Overload and ResponseHealthcare System Overload and ResponseLong-Term Economic and Social ConsequencesLong-Term Economic and Social ConsequencesSector-Specific Economic ImpactsSector-Specific Economic ImpactsMain milestonesMain milestonesClinical Trials and Treatment ResearchClinical Trials and Treatment ResearchRegional and Country-Specific ResponsesRegional and Country-Specific Responses
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COVID-19 - contagious disease caused by SARS-CoV-2

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03.04.25
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Sector-Specific Economic Impacts

This timeline details the economic impacts on various sectors due to the COVID-19 pandemic.
Impact on Tourism and Hospitality
2020
Sectors such as tourism, hospitality, and leisure were severely impacted, with declines of up to 30% in the second quarter of 2020 compared to the first quarter.
Impact on Retail and Education
2020
Industries like retail and education saw significant job losses and revenue declines due to lockdowns and social distancing measures.
Impact on Manufacturing and Real Estate
2020
Sectors such as manufacturing and real estate experienced less severe declines, with decreases of 3% or less during the same period.

Other Themed Timelines

Main milestonesMain milestonesClinical Trials and Treatment ResearchClinical Trials and Treatment ResearchEconomic Impact and RecessionEconomic Impact and RecessionGlobal Outbreak and Declaration of PandemicGlobal Outbreak and Declaration of PandemicGlobal Supply Chain and Economic DisruptionsGlobal Supply Chain and Economic DisruptionsGovernment Responses and PoliciesGovernment Responses and PoliciesHealthcare System Overload and ResponseHealthcare System Overload and ResponseLong-Term Economic and Social ConsequencesLong-Term Economic and Social ConsequencesRegional and Country-Specific ResponsesRegional and Country-Specific ResponsesSocial and Behavioral ImpactsSocial and Behavioral ImpactsVaccine Development and DistributionVaccine Development and Distribution
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