global economy
The international spread of capitalism, especially in recent decades, across national boundaries and with minimal restrictions by governments. The global economy has become hotly controversial. Critics allege that its props, free markets and free trade, take jobs away from well-paid workers in the wealthy nations while creating sweatshops in the poor ones. Its supporters insist that the free movement of capital stimulates investment in poor nations and creates jobs in them. The process is also called globalization.
Words Nearby global economy
The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
How to use global economy in a sentence
Not just to the West African economy, but to the global economy.
They May Sound Like a Good Idea, But Travel Bans for Ebola Won’t Work | Abby Haglage | October 18, 2014 | THE DAILY BEASTWe know that the nation that goes all-in on innovation today will own the global economy tomorrow.
Full Text of President Obama’s 2014 State of the Union Address | | January 29, 2014 | THE DAILY BEASTThe global economy has grown in every year since 1944 except one—2009.
Pope Francis Declares Consumers and Capitalists Need to Help the Poor | Daniel Gross | November 26, 2013 | THE DAILY BEASTThen the global economy started to collapse, threatening worldwide recession.
“Without access to mobile, so many poor have been cut out of global economy,” Blair noted.
Bringing Mobile Technology to the World’s Women | Nina Strochlic | September 24, 2013 | THE DAILY BEAST
But if we want to take full advantage of the opportunities before us in the global economy, you all know we must do more.
Record numbers, record numbers of Americans are succeeding in the new global economy.
The most important job of our Government in this new era is to empower the American people to succeed in the global economy.
To which extent do they reflect pragmatic reintegration in the global economy or safe isolationism?
The Civilization of Illiteracy | Mihai NadinWhile the debates are going on, these new practical experiences are taking hold in the global economy.
The Civilization of Illiteracy | Mihai Nadin
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