Corona School Closure 2020

Corona school closure – experiences and impressions

Turning a crisis into an opportunity.

Dear readers,
this e-book is created by class 9d of the Helene-Lange Gymnasium in Fürth, Germany. Due to the outbreak of Covid-19 in Germany, schools have been closed and people were asked to stay at home. This e-book is a collection of impressions and experiences the students had during the time of school closure. The situation has affected the life of many people in a negative way.
Not only did the pandemic cause unemployment and financial instability, but it also resulted in some of us losing loved ones. The students of 9d are aware of all the negative consequences of the pandemic.
However, this e-book focuses more on the positive side-effects of the lockdown. It is supposed to show people ways of turning this crisis into an opportunity.
Since the e-book is the outcome of a method which can be practically applied during a school closure and online lessons, the e-book itself can be seen as a atmept to turn this crisis into an opportunity.
We hope you enjoy reading it!

9d and Miss Dürr

List of contents

1. Covid-19 has changed the world

2. Postive news during the crisis

3. Personal impressions and experiences

4. Tips for time in quarantine

5. Collection: What we are grateful for

4-12

13-31

32-55

56-77

78-80

Covid-19 has changed the world

Stocks, economy and financial business during the pandamic

The coronavirus influences the global economy. Public life is almost at a standstill, companies fear for their existence - employees for their jobs. Numerous measures such as travel and meeting bans, business closures, make people work from home are intended to prevent the further spread of the coronavirus.

Aid packages worth
billions have already
been launched by
governments and central
banks around the world
to cushion the consequences
of the coronavirus
pandemic, which cannot
yet be assessed. The capital
market is characterised by
strong premiums and
discounts.

For experienced investors, the rampant financial virus is an old acquaintance. Whether it was the oil crisis in the 1970s, the imbalance of the Long-Term Capital Fund in 1998, the dot-com bubble (2000), the financial crisis (2008) or the euro crisis (2010): Share prices always rush south with vehemence as if the end of the world was near. Only to be able to move up again some time later with the same energy. The most successful investors of all time always say that it is still exactly when the world seems to be getting out of hand that investing is most worthwhile.

Corona and the economy: Oil price drops to the lowest level in 17 years

Because of the coronavirus, the oil price has fallen to its lowest level in 17
years. During the corona pandemic, global demand for oil has fallen sharply. At the same time, there is an "oversupply and a supplier competition between Saudi Arabia and Russia",according to Naeem Aslam of Avatrade. (Market Analyst)

based on: https://www.web24.news/u/2020/03/is-the-time-to-buy-stocks-now.html

stocks Aktien
spread                                    Streuung /Verbreitung
cushion                                  here: abfedern
assessed                                abgeschätzt
demand                                 Nachfrage
sharply                                   scharf
rampant                                 wuchernd
acquaintance                        Bekanntschaft
share prices                          Aktienpreise
rush south                            abstürzen
vehemence                           Vehemenz
worthwhile                           lohnend
oversupply                            Überversorgung
supplier competition           Lieferantenwettbewerb

Corona affects restaurants and shops:
A lot of shops and restaurants have to close, because of the Corona crisis. But is this really such a
problem? Is this maybe good for us?

So many shops have to close, for example “Hornbach” (German: DIY superstore), “Mediamarkt” (German: Electronic retailer) and similar ones.
On the one side, some people might be happy because they can stay home and don’t have to go to work. But on the other side, the employers of the company have many problems with this. They must pay the workers and also often they have to pay the rent of the company. The problem here is that the shop has no earnings and the employers have to continue paying the other things.
Restaurant operators have the same problem as these shop owners.
Restaurants were one of the first businesses, which had to be closed because of the virus.
In the USA, for example, 3% of all restaurants will close forever, so 7 million people will lose their jobs.
Because the operators can’t pay so much money without any earnings. If nothing changes, many
people will lose their jobs because of the virus. >>