Explain in your own words what you understand by the concepts economy and global economy. Explain how social (examples: World Wars I and II, Industrial Revolution) and natural (examples: hurricanes, strikes, and pandemics) events affected the global economy.

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Explain in your own words what you understand by the concepts economy and global economy.


Explain how social (examples: World Wars I and II, Industrial Revolution) and natural (examples: hurricanes, strikes, and pandemics) events affected the global economy.

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