global economy 2
TRANSCRIPT
The global economy
The world economy or global economy is the economy of the world, considered the international exchange of goods and services that it is expressed in monetary units of account (money).
The global economy
Stock marketA place where stocks or part-
ownerships in companies are bought and sold.
TaxesTaxes are the main way
people pay for their governments. One kind of tax
is the income tax.
UnemploymentThe unemployment rate is the percentage of people who are out of work and looking for a job. High unemployment rates are a sign of a weak economy.
EmploymentPeople who are employed, they are working and they earn money in exchange of their jobs.
Fair tradeIt is trading partnership, based on dialogue, transparency and respect, that seeks greater equity in international trade. It contributes to sustainable development by offering better trading conditions too, and securing the rights of marginalized producers and workers especially in the south.
Somethings of
the Economy.
World BankThe abbreviation of the World Bank is WB. The world bank is an international organitation. It was founded in 1944 and it is located in USA. It´s consisted of 188 countries.
Internacional monetary fundThe abbreviation of International Monetary Fund is IMF. It is an international financial organitation. It was founded in 1944. The founders were 29 countries, but now there are 188 countries.
Globalitation
The globalitation is a process of economy, technology, politics and culture.
BY Álvaro, Mikel, María, Unai & Paula.