What effects do you think it will have on our academic institutions going forward?

Please answer the following and I have also provided a video for “Part 2” of the paper. Also, feel free to use any other sources and cite them.Part 1: What do you think of the impact of the corona virus on society and the world as a whole? Going forward, do you think this will change the way we do business in the future? What effects do you think it will have on our academic institutions going forward? Colleges and universities? Elementary and high schools? What are the political consequences?Part 2: Do you think communism and capitalism can co-exist? What should the United States and the free world do in the wake of the pandemic? There are some that say China did this in retaliation to their economy retracting. Do you agree or disagree? Should the world continue dealing with China under the CCP? What do you think of restricting supply chains or bringing them back from countries not friendly to the United States? Video: https://www.youtube.com/watch?v=uQ2jXGPcezM