Global Economy

Description

An economy is the realized system of human activities related to the production, distribution, exchange, and consumption of goods and services of a country or other area. Global economy or world economy regards to the discipline of economy in global terms. Clearly, this is a very broad subject to address. One the other hand, given in mind a common sense definition of office as the place where business is done, it would be foolish to assume that the state of the world's economy does not have anything to do with the future of the office.

Enablers

• Technology
• Globalization
• Education

Inhibitors

• War
• Natural disasters
• Pollution

Paradigms

• Capitalism
• Communism
• Postmodern economy

Experts

• Smith, Adam
• Keynes, John Maynard
• Friedman, Milton
• Marx Karl,
• Engels, Friedrich
• Galbraith, John Kenneth

Timing

• Ancient times:Exchange of goods
• Middle ages:Venture capital and trading with the New world
• 18th century Industrial Revolution
• 1917:Centrally planned economy
• 1929:The great depression
• 1950-es:Social Market economy
• After 1970:Supercapitalism