Answer:
Globalized economy.
Step-by-step explanation:
The world economy is a global economic system made up of economies of countries that are more or less interconnected. One of the key words in the world economy is globalization, which means that national economies are so closely interlinked that events in one country usually affect the economies of other countries. Globalization has become particularly dominant over the last century. More and more trade is taking place between different countries, and restrictions on this have been significantly reduced. The result is a global economic phenomenon. People can sell goods and services in markets around the world, and consumers can choose from a much wider range of goods and services. It no longer has to be limited to what is offered in one's own country.