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How did the world economy affect your economy and your industries?
Wiki User
∙ 12y ago
If the world economy is good, then money flow is most likely vibrant which means that people everywhere are willing to buy and sell products, start new businesses, etc. Money flow allows countries' economies to grow and stay healthy. More money flow means that everyone is buying from everyone else, which means that everyone wins in the end. Think of all the world's economies like a metal-link chain. The chain is really only as strong as the weakest link (aka the weakest country's economy). When the link breaks (aka country goes in a recession), all the other links fall apart because they are no longer connected. All the other countries need that economy to do well because they do business with that country and need them to buy and sell products in order to keep the money flow alive.
Wiki User
∙ 12y ago
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How did the War Industries Board affect the American economy?
It bolstered it.
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