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How have innovations in communication technology favored a global economy?

Technological advances have increased the potential for the transportation of goods and individuals globally. This reality encourages a global market approach to business


What is the significance of global economy?

Its Global.


Following strategies for reaching global markets involves the lowest risk and offers the lowest profit potential?

franchising


What are the most dominant areas in the global economy?

The most domi The most dominant areas in the global economy include: nant areas in the global economy include:


What is the effect of politics in global economy?

A strong political will will keep the global economy sound


What impact has the recent surge in cryptocurrency prices had on the global economy, as reported in a press article?

The recent surge in cryptocurrency prices has had a mixed impact on the global economy. While some investors have seen significant gains, there are concerns about market volatility and potential risks to financial stability.


What are some of the new causes for food shortages in the world?

* global warming * bio-fuel


What part of speech is the word global?

Global is an adjective, as in the case of "global confusion" or "global economy".


Can you provide some examples of supply shock occurrences and their impact on the economy?

Supply shock occurrences include natural disasters, political unrest, and pandemics. These events can disrupt the supply chain, leading to shortages of goods and services, inflation, and decreased economic growth. For example, the 1973 oil crisis caused by the OPEC oil embargo led to higher oil prices and inflation, impacting the global economy. Another example is the COVID-19 pandemic, which disrupted global supply chains and caused shortages of essential goods, leading to economic downturns worldwide.


What is the difference of global economy and world economy?

its the same thing


How will the depression in the global economy affect the strategic planning in the organization?

How will the depression in the global economy affect the strategic planning in the organisation?


True or False The global economy has a direct impact on the job market?

he global economy has a direct impact on the job market