The world economy or the global economy is the economy of everyone in the world. This includes all trading that happens between people or groups of people such as nations.[1][2] In some situations, the two meanings can mean different things, with the "global economy" being measured differently from how people measure and look at economies by country.
References
change- ↑ "THE GLOBAL ECONOMY | definition in the Cambridge English Dictionary". dictionary.cambridge.org. Retrieved 20 September 2020.
- ↑ "World Economy." – Definition. American English Definition of with Pronunciation by Macmillan Dictionary. N.p., n.d. Web. 2 January 2015.
