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bank should focus on their true role which is to get the financial system
back on its tracks to fund productive investments. These include job creation,
higher wages for lower income people; all of which contribute to a more equal
distribution of wealth.
Although the coronavirus has imposed several problems, it has also changed our
society for the better. The crisis brought about innovation, causing an acceleration in
the adoption of science and technologies. An opportunity for innovation to stay at the
cutting edge awaits.
Tech-celeration, the rapid innovation
and use of new technology has
been the field which has been
given the biggest boost due to
the coronavirus. It has been able
to penetrate most of our lives.
Take online classes for students,
telecommuting for employees and
delivery services for the average
consumer. Another classic example
of tech-celeration is what happened
at the World Health Organization. At the start of the pandemic, they were able to design an online
meeting program to help doctors tele-communicate; all of this done within a week. Another major
breakthrough was in the field of biological science, particularly vaccine treatments. The pandemic
pushed companies and governments around the world to develop new, more advanced treatments
for a wider audience. The development of technologies such as mRNA treatment, Crispr and gene
editing programs all contributed to a rapidly paced biological development during the pandemic.
The coronavirus has imposed several challenges to nations worldwide whilst also changing our
societies for the better. It is likely that these changes won’t just last the pandemic but stay and pave
way towards new innovation and change to our economy and society likewise.
Lee Seung-hyun
(English-Spanish dept. 1st grade)
Seunghyunleems@gmail.com