Global Economy

The global economy refers to the interconnected economic activities and systems among countries around the world. It encompasses the flow of goods, services, capital, labor, and information across international borders. The global economy is influenced by various factors, including trade agreements, multinational corporations, technological advancements, and financial markets. It reflects how economies are interdependent, where events in one country can have significant effects on others. The global economy is often analyzed through metrics such as gross domestic product (GDP), exchange rates, and trade balances, highlighting the relationships and interactions between national economies. In essence, the global economy represents the vast network of economic transactions and relationships that transcend individual nations, shaping global trade patterns, investment flows, and overall economic policies.