ENTREPRENEURSHIP

Detailed explanation-1: -The global economy is the interconnected economies of the nations of the world. We live in a global economy fueled by international trade. explain why the world has become a global economy. Trading goods and services allows countries to meet their individual wants and needs as well as to help their own economy.

Detailed explanation-2: -The global economy refers to the interconnected worldwide economic activities that take place between multiple countries. These economic activities can have either a positive or negative impact on the countries involved.

Detailed explanation-3: -These dimensions may be grouped under the following categories: economic, political, social, technology and cultural.

Detailed explanation-4: -Economic globalization refers to the increasing interdependence of world economies as a result of the growing scale of cross-border trade of commodities and services, flow of international capital and wide and rapid spread of technologies.