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Large companies began locating their production facilities outside their home countries. This was small scale until World War II then it dramatically expanded, especially after 1970.
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Whats is included within the global economy?
Like the economy of individual nations, the world's economy is measured by GDP, or gross domestic product. In 2012, the global GDP was 71.83 trillion U.S. dollars.
What describes the part of the US' role in the global economy?
The US is interconnected with other parts of the world. Therefore, when our economy is doing poorly it reflects on the economies of other countries as well.
Why did economists invent the term stagflation to describe the economic problems in the United States during the 1970?
to describe a situation caused by a weak economy and rising prices
Match the theme of geography in column 1 with the characteristic of global citizenship in column 2 A Human-environmental interaction Understand how global trade affects a regional economy B Movem?
The correct answers are: Human-environmental interaction: Understand how people have affected the landscape; Movement: Understand how global trade affects a regional economy; Place: Appreciate how people feel about their homelands; Location: Estimate how long it might take to fly to another city.
What does it mean to live in a global village?
Global village, is the term used to describe the world shrunk into a village by the means of the different media types, most especially the World Wide Web, making it easy to pass across messages (like the news), thereby making the world become like a single village where people can easily contact each other quicker.
Describe the role of central banks and their efffect on the global economy?
A monetary policy making and has an influence over the financial conditions of the global market as a whole. SK(apex)
What is the significance of global economy?
Its Global.
List and describe two international organizations that impact the global economy?
Leche de Puerco y Tu mama ... Apex
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:
Which emerged after deindustrialization?
Free Trade
What is the effect of politics in global economy?
A strong political will will keep the global economy sound
Which is a symbol of deindustrialization?
A symbol of deindustrialization would be people moving out of the cities as industry becomes a less central part of daily life.
What part of speech is the word global?
Global is an adjective, as in the case of "global confusion" or "global economy".
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
What is the greening of the global economy?
Portugal
