Global Economy

The global economy refers to the interconnected economic activities and relationships that occur across countries and regions worldwide. It encompasses the production, distribution, and consumption of goods and services on a global scale. The global economy is influenced by international trade, investment flows, labor markets, and monetary policies among various nations. Factors such as globalization, technological advancements, and political developments play a significant role in shaping the dynamics of the global economy. As economies become increasingly interdependent, changes in one country can impact others, leading to both opportunities and challenges in trade, finance, and economic growth.