Thursday, March 19, 2020

global economy essays

global economy essays Global economy is as same as a boat waving and fluctuating among the tides and waves of an ocean in this turmoil international situation, which is characterized by wars her and there, peace process taking place in every part of this world, environmental issue and its implication with the emissions of industry coupled with the depletion of natural resources, the international alliances such as the European Union, eastern countries after the previous soviet Union and its system, the African Union, the middle east countries and their geographical situation and ideologies, and many other factors to mention. All the above and what is related conform a complex formula with uncountable and changeable factors to figure out. This burden of our equation is lying on the shoulders of the future leaders of the global economy as well as the politicians on the other hand. Let us read together the history about the human kind in brief with his effect on the rhythm of the economical evolution. Simply, the first merchandizes were dealt with exchange of other materialised goods among peoples, and this continued until the age of Romans empire and Persian umpire, where as, the Romans were the first who invented the first coins to deal with global trade. Then, the evolution of economical exchange took another phase, until the Arab, Turkish empires by using different kind of metals to shape coins, and later on, the Middle ages industrial revolution influenced the international society with a new monetary system, as well, the old systems are not capable to deal with the newer economical issues. Consequently, we are approaching another era followed this revolution. The industry progressed side by side with science proceedings and fertilized wealth to some countries as much as poverty to other countries which led to fighting and two major world wars, consequently, a dangler relationship took place among nations and countries until the birth of Uni ...

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