What are the possible economic effects of Coronavirus on the world economy? (Answer must be at least five sentences)

Many people are going to be affected because of the coronavirus. This had been a time were people have lost many jobs and don't have the money to support their families. Also many stores are closed and they aren't able to sell their goods, which is many big stores lose lots of money. The government is also losing money because of all the checks they have given to people.