Asma Akter1,* and Md. Ashadujjaman2
1,*Department of Economics, Asian University of Bangladesh, Dhaka, Bangladesh and 2Department of Sociology and Anthropology, Asian University of Bangladesh, Dhaka, Bangladesh
*Email: [email protected]
Abstract: At present, Covid-19 pandemic creates a vulnerable situation for all over the world. This situation is highly effects on all of the social and economic aspects. Dhaka is the capital city of Bangladesh which is the world’s six most densely populated city. The most of the people of Dhaka city are middle class who has been facing different types of challenges due to Corona pandemic situation. The objective of this study is to identify the challenges that has faced by middle class people at Dhaka city of Bangladesh. Questionnaire and interview techniques were used to collect the data of this study. Both descriptive and inferential statistics were used to analyze the data. Descriptive statistics were used to give details about the Corona virus as well as inferential statistics were used to identify the major challenges and show the significant relationship between Covid-19 pandemic and identified challenges which has faced by middle class people at Dhaka city. Factor analysis was used to identify the major challenges that are created by corona virus pandemic situation. Multivariate analysis of variance was used to show that the overall and individual significant effect of Covid-19 pandemic on identified major challenges. Findings of the study show that there are six challenges which are reasonably formed by this circumstance. The identified major challenges are Financial crisis that has led to increase child marriages and divorce due to increase family conflict, Failure to meet basic needs that led to increase child labor , Unemployment rates and occupational changes have increased, Decreased social interaction which led to increase psychological and physical complications among children and adults, Decreased financial ability to meet the cost of education and Frustration grows among the people that increased deviant behavior in the society. The findings of this study may help the concerned line organizations to take necessary steps to overcome the situation of middle class people of Dhaka city in Bangladesh.
Keywords: COVID-19; Middle Class People; Major Challenges; Dhaka City; Bangladesh; Multivariate Analysis.
DOI: http://dx.doi.org/10.55032/ATSKj.economics.2022.1103