Knowledge@Wharton March 11, 2025
Wharton professors look back at how COVID-19 upended our lives five years ago, impacting business and the economy in lasting ways.
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...
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