Interconnected World

The economy is global. A factory closes in China, and prices rise in Brazil. "Globalization" has connected us all through trade and information.

Supply Chains Products are not made in one place. Components come from everywhere. This "Supply Chain" is efficient but fragile. A blocked ship or a pandemic can stop the world.

Emerging Markets The West is slowing down; the East and South are rising. Countries like India, Vietnam, and Nigeria are "Emerging Markets." They offer high growth but higher risk.

Trade & Tariffs Countries trade to survive. But "Tariffs" (taxes on imports) can start "Trade Wars." Protectionism vs. Free Trade is the eternal political debate.