PSYCHOSOCIAL AND ECONOMIC IMPACT OF COVID-19: INVESTIGATING THE MODERATING ROLE OF AWARENESS AND MOVEMENT RESTRICTION THROUGH THE LENS OF HERD IMMUNITY MODEL

Abstract

The study was aimed to investigate the impact of severe acute respiratory syndrome coronavirus-2 (SARS-COV-2) or novel coronavirus disease COVID19 that swept whole world. It has far-reaching psychological, economic, and social impacts on whole world since it brings the world to a standstill. It killed thousands of people and exposed the frailties of health systems around the globe. Psychological and social stress erupts the individual and social life. PRISMA and SLR techniques were used for literature review. A quantitative cross-sectional survey was used for primary data collection. The study found that awareness and movement restrictions acted as moderate moderators upon predictors and criterion variables except for awareness for economic factors and societal business. The study concludes that it is obligatory for individuals, groups, and administrative machinery to revisit their thoughts, policies, and plans to minimize the severity of the crisis. The study suggests development of a comprehensive sector by sector socioeconomic plan so that robust and sustainable ideas and solution models could flourish, and help society get rid of the psychological, economic, and social sufferings of the menace.