As expressed before, the United States economy and all other countries have been affected by the global pandemic which caused major issues such as the supply chain being messed up, inflation, unemployment, and poverty. With all these factors our economy has been in pieces and we’re still recovering in the year 2023, which has been three years since our economy has shut down.
Source: Public Library of Science, 2022
The most basic point of our economy is the consumers and the producers. Due to Covid-19, we were forced to quarantine which had most consumers and producers at home. With everyone at home, it caused production to cut down tremendously, and our consumer demands increased while supply decreased. So, people had to change how they acquired food, due to the worker shortage restaurants were forced to shut down, which caused a shift from take-out to grocery shopping. A few authors from the Public Library of Science stated, “we found that shopping for groceries in person was by far the most common food acquisition activity for consumers, with 90% or more of respondents engaging in this activity in September 2020, December 2020, and March 2021.” (Ellison). This instance caused a large wave of new consumers into supermarkets. Numerous amount of consumers swapped to grocery shopping as a outlet to restaurants shutting down. With this shift, it caused major shortages within our supply due to the nature of high demand, with limited supply.
