Answer:
The economy has changed day by day. It changed as it is organized in such a way and governed by the collaboration of the nations.
Step-by-step explanation:
The global economy is that which connects one nation to another nation. It connects the activities that are taken in multiple countries. These economic changes have positive as well as a negative effect on the countries.
There are multiple characteristics of an economy that effects countries.
- Globalization
- International trade
- International finance
- Global investment
The global economy is very important for all countries. It is important at different levels such as micro and macro levels.