0
It is the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, the spread of technology, and military presence.
Vicenta Nienow
Wiki User
∙ 11y agoGlobal economy refers to the expansion of economies beyond national borders, in particular, the expansion of production by transnational corporations to many countries around the world. The global economy includes the globalization of production, markets, finance, communications, and the labor force.
Wiki User
∙ 15y agoAmerica has the highest rate of consumption per capita. When America's government and the Federal Reserve (a privately owned corporation) inflate the money supply, making its currency less valuable, buying power is decreased, and the entire economy suffers. Then no foreign power wants to invest in the US economy, which consumes most of the goods. On top of that, inflated US dollars are used to trade/buy other currencies, which deflates the values of the currencies they are purchasing.
Add your answer:
Earn +20 pts
What factors contribute to a financial crisis?
Depending on what kind of financial crisis is being described for example; large scale financial crisis such as businesses and communities or small scale such as personal financial troubles. On a personal level not having enough money to live of for necessities is a crisis. For large scale like a community if the economy is bad then that is a big problem as well.
Is bank responsible for the recent global economic crisis?
maybe
CausesEffects and Remedies of global economic crisis?
http://wiki.answers.com/Q/CausesEffects_and_Remedies_of_global_economic_crisis"
What conflict lasted 13 days and threatened global nuclear war?
cuban missile crisis
What role does the maritime industry play in todays global economy?
It doesn't
What bad economic events has impacted the global economy?
The recent Global Economic Crisis is one example of many
Is the economy in Canada feeling the American economic crisis?
Yes. This economic situation has global effects.
Impacts of energy crisis?
Energy crisis have a negative impact to global economy, some of which are; lack of sufficient food, fall in GDP, and inflation.
How did hosni mubarak affected the economy of egypt?
Make Hosni Mubarak, Egypt's economy one of the strongest economies in the world, Egypt's economy is one of the few who were not affected by the global economic crisis ... and your right record did not materialize in America during the global economic crisis ... Since the order of Egypt's economy is 26 in the world and this number is Excellent
Why do I don't Feel Like Laughing?
Perhaps you are depressed. Maybe you are thinking about the economy, the oil spill, global climate change, the war in Iraq, Afghanistan, the crisis with Yemen, the crisis with Mexico, the crisis with Iran, the crisis with North Korea.
How do you solve global crisis?
well, it depends on what type of global crisis it is...
Do you need war to solve global financial crisis?
You need a renewable source of fuel so the economy would stabilize.
Is economy in economy crisis a noun adjective?
Yes, economy is an adjective in the term 'economy crisis'.
Is the global food crisis and depression the same thing?
no. the global food crisis concerns wether there will be enough food on the panet to sustain the planets population.a depression is when a countries economy collapses. one is a food problem, the other is a money problem.
Germany economically stable?
The German economy is basically sound but is currently (October 2008) affected by the global financial crisis and the recession.
What has the author Roy E Allen written?
Roy E. Allen has written: 'Financial Crisis and Recession in the Global Economy (Studies in International Political Economy)' 'Financial crises and recession in the global economy' -- subject(s): Recessions, International finance, Financial crises, Economic history
What events around the turn of the 21st century caused a global economic slowdown?
The Asian financial crisis in 1997, followed by the terrorist attacks on the United States in 2001 and Argentina's financial crisis that worsened in 2002, sent the world economy into a global slowdown.
