The global economic crisis has become an increasingly urgent issue in this modern era, especially in the context of uncertainty that has hit many countries. There are several main factors that triggered this crisis, including trade tensions, climate change, and the impact of the COVID-19 pandemic. The implications of this crisis are very broad and cover various aspects of people’s lives, from the economy to social welfare. One of the most significant impacts of the global economic crisis is the increase in unemployment rates. Many companies have been forced to reduce the number of employees due to decreased market demand. In developed countries, unemployment rates can reach double digits, while developing countries are also not immune from this impact. Lost jobs cause households to lose income thereby affecting their purchasing power. In the context of the global economy, this crisis also triggered a decline in foreign investment. Market uncertainty makes investors reluctant to invest capital, which leads to slowing economic growth. This has the potential to trigger a recession in various countries, especially those that are highly dependent on the export sector. In addition, the global economic crisis has resulted in increasingly widening income disparities. Community groups that are already vulnerable are becoming more marginalized, while rich groups are becoming stronger. Data shows that during the crisis, the wealth of a few people increased, while millions of others struggled to meet basic needs. The health crisis is also in the spotlight due to the economic impact. Many countries are shifting the focus of resources from health services to economic recovery efforts, resulting in increasingly strained health systems. This certainly has a negative impact on society, especially in developing countries which have limited health capacity. On the positive side, this crisis has also encouraged innovation and adaptation in various sectors. Companies are starting to innovate in their business models, adopting digital technologies to survive in difficult conditions. Digital transformation, which previously felt slow, is now a top priority. Governments around the world are also trying to respond to this crisis with various policies aimed at economic stabilization. Fiscal stimulus and support for affected sectors is one of the steps taken. However, this policy must be balanced with efforts to improve long-term economic sustainability, so as not to be trapped in a prolonged debt cycle. Investment in education and skills is also an important focus to deal with the changes brought about by this crisis. Society must be prepared with relevant skills to face future employment opportunities that are increasingly automated and technology-based. Finally, international collaboration is also crucial to overcoming the global economic crisis. Countries need to work together to develop policies that not only impact locally but also bring benefits to the global economy. Efforts to overcome this crisis require a holistic and integrated approach, where all parties contribute for the common good.