Theglobaleconomyreferstotheinterconnectedsystemofeconomicactivitiesandtransactionsthattakeplaceacrossnationalborders.Itencompassestheproduction,trade,investment,andfinancialflowsbetweencountries,drivenbyglobalization,technologicaladvancements,andinternationalcooperation.Keycomponentsincludemultinationalcorporations,internationaltradeagreements,financialmarkets,andglobalsupplychains.Theglobaleconomyisinfluencedbyfactorssuchasgovernmentpolicies,economicgrowth,inflation,exchangerates,andgeopoliticalevents.Itplaysacrucialroleinshapinglivingstandards,employmentopportunities,andeconomicdevelopmentworldwide.Challengeslikeeconomicinequality,climatechange,andtradedisputesalsoimpactitsstabilityandgrowth.
