Global Economy
\ˈglō-bəl-i-ˈkä-nə-mē
Etymology: global + economy (Middle French yconomie, from Medieval Latin oeconomia, from Greek oikonomia, from oikonomos household manager, from oikos house + nemein to manage)
Function: noun
1. The interdependent economies of the world's nations, regarded as a single economic system.
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