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This will depend on where you live and what you believe . Some countries have communist states and others have capitalist states.
It would depend on which country you are living. It will make very little difference to the poorest countries of the world.
Economic interdependence can cause chain reaction such as the situation we are in right now. America's economy crashed due to the housing bubble and the other economys of the world crashed with America's.
Brandon
Countries will fall on a market economic continuum. So it is a market
novanet--economic instability
This will depend on where you live and what you believe . Some countries have communist states and others have capitalist states.
It is a communist country with the government planning all production and distribution of same. Like communism everywhere, it is outlandishly inefficient. The other Caribbean countries are capitalist or a mix of economies. Mostly they are small dictatorships with cruel impoverished citizens. Capitalism in the other Caribbean countries suffer from economic Darwinism.
The current situation for Switzerland's job market is regarded as fair. Like most countries around the world today there are economic issues that affect industry and jobs.
The Trade Feedback Effect trade feedback effect The tendency for an increase in the economic activity of one country to lead to a worldwide increase in economic activity, which then feeds back to that country. An increase in U.S. imports increases other countries' exports, which stimulates those countries' economies and increases their imports, which increases U.S. exports, which stimulates the U.S. economy and increases its imports, and so on. This is the trade feedback effect. In other words, an increase in U.S. economic activity leads to a worldwide increase in economic activity, which then ―feeds back to the usa
Economic reasons.
economic problems
It created economic problems .
Because of dictators ability to power their controlling area, they can hinder trade in some needed areas.
there are many more similarities than there are differences. Guatemala, Honduras, and Nicaragua (the three neighboring countries) have very similar history, and economic development, and all speak the same language: Spanish. they have all had substantial social and political unrest (including revolutions, coups, and military dictatorships).
it created economic problems.
It would depend on which country you are living. It will make very little difference to the poorest countries of the world.