Global Economy

The global economy refers to the interconnected economic activities and transactions that occur across national borders, encompassing trade, investment, production, and consumption on a worldwide scale. It includes all economic interactions among countries, including the flow of goods and services, capital, labor, and technology. The global economy is influenced by factors such as international trade policies, exchange rates, economic conditions of individual countries, and globalization trends. It reflects the dynamics of how countries rely on each other for resources, markets, and economic stability. Overall, the global economy illustrates the integrated nature of markets and economies around the world, highlighting the impact of global events on local economies and the interdependence of nations.