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What would a 'Thanos Snap' do to the economy? Assumptions: 1) 2) 3) 4) Half of the world population vanished immediately. Half of the population
What would a 'Thanos Snap' do to the economy? Assumptions: 1) 2) 3) 4) Half of the world population vanished immediately. Half of the population comes from half of each country, age group, and industry. So, there are no countries or markets that are more or less effected than others. The economy is at its normal state without Covid-19. There are no 'Avengers'. Prompt: Part 1 (write 2-3 paragraphs about this answering these questions in as great of detail as you can): What would a Thanos Snap do to the world economy? Would people live better or worse lives afterwards? What industries would be most or least damaged? What would happen to production, wages, prices, resources, GDP, and other economic factors? What are some reasons for your beliefs and make sure to base your reasoning on what you have learned? Part 2 (write 2-3 paragraphs about this answering these questions in as great of detail as you can): Fast forward 10 years after the 'Snap', what would the economy look like then? Would people be living better or worse than before? What are some reasons for your beliefs and make sure to base your reasoning on what you have learned? What would happen to production, wages, prices, resources, GDP, and other economic factors
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