I think the current wave of small business closures in South Korea is definitely due to the epidemic, which makes these small businesses unable to get back their funds, and even says that there is no guarantee for their income in the following days, which is why there will be a wave of small business closures in South Korea. However, South Korea should also take some measures in this regard, such as formulating some bankruptcy policies for these small enterprises or introducing some policies to support these small enterprises. All these can help them get out of trouble. If the bankruptcy tide of small enterprises affects the employment or people's daily life in South Korea, then South Korea will definitely become miserable. Moreover, the bankruptcy tide of small enterprises in South Korea is also facing the occurrence of unemployment tide. If people are unemployed and have no financial resources, people will definitely have different opinions on the government and make some comments on these inaction of the government. Of course, there is nothing the government can do about it. It can only be said that some support policies have been promulgated or some funds have been allocated to them. However, these practices are really useful. I hope that the Korean government can pay attention to the current bankruptcy tide of small Korean enterprises.
To sum up, this is my view on this matter.