Reflect on what’s happening in our country that affects or has a big impact in our economy in terms of our resources of production (land, labor, capital and entrepreneurship). Explain its Micro and Macro impact both positive and negative to our country.

Applied economics

Today, we are in a new normal way of living, a very different a way we have lived for several years. It’s because everyone from the the COVID 19 that might cause us from health and economic issue. Everyone, therefore, has to be very responsible. in his behaviors in the market; and become efficient in his consumption; friendly to the – environment or the natural resources as these may become scarce in the future. Everyone must be aware of the micro and macro levels of my environment and contribute to the growth of our economy.

The purpose of this task is to reflect on what’s happening in our country that affects or has a big impact in our economy in terms of our resources of production (land, labor, capital and entrepreneurship). Explain its Micro and Macro impact both positive and negative to our country.