Question

In your own words, what is the "global economy”?

Answer 1

The world economy or the global economy is the economy of all humans of the world, referring to the global economic system which includes all economic activities which are conducted both within and between nations, including production, consumption, economic management, work in general, exchange of financial values

Answer 2

lobal economy is the exchange of goods and services integrated into a huge single global market. It is virtually a world without borders, inhabited by marketing individuals and/or companies who have joined the geographical world with the intent of conducting research and development and making sales.

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