Date of Graduation
Bachelor of Science in Business Administration
COVID-19 has not only been a major public health crisis, but it has also caused an economic shock. Small businesses have been at the losing end of the U.S. economy for years, but nothing has hurt them as bad as the COVID-19 crisis. The pandemic has devastated thousands of small businesses while larger companies have fared well and, in some cases, thrived. Although there has been an increase in bankruptcy filings among public companies, the numbers are far lower than in the 2008 financial crisis (Lahart). This paper will explore what impact the pandemic has had on small businesses, large businesses, and different industries within those in the Northwest Arkansas area.
COVID-19, economic shock, small business, negative effect, social distancing, consumer habits
Headlee, M. (2021). COVID-19 Impact on Business. Finance Undergraduate Honors Theses Retrieved from https://scholarworks.uark.edu/finnuht/57