Being Globally Minded

Being globally minded

Write your understanding of the key concepts for this topic:

Economy is the way that people use the money carefully, the way that services can be sold in other countries around the world. An example for the economy is the stock master system. I know four different types of economies like the pure market economy, the pure command economy, the traditional economy and the mixed economy. The economy is a large set of the interrelated production and consumption activities that aid in determining how scarce resources are located.

Trade is a basic concept of buying and selling of goods and services which have been paid by the buyer or the seller or the exchange of goods and services between parties. Trade is a way you can make a living or the act of exchanging another example for trade would be like the tea trade where tea is imported by china and purchased in the U.S, trade is kind of like when you make one thing made out of so many things from other countries around the world 

Globalisation is a type of interaction with people, companies, and the governments worldwide. Globalisation is a process by which people  move simply across the borders. Some examples of globalisation are the food industries, banking industries, and technological growth on a worldwide scale. Globalisation isn't only just an exchange of goods but can also be an exchange of ideas between others. The more technology, and the more transportation improves.

This term in social studies 

i researched about meat and i found out that it was made over 2.6 million years ago and that there are a lot of trading companies from different countries and the countries are China, Australia, United States, Japan and Korea.

this subject has been really interesting to learn about just because of the researching part because sometimes i would have to type up different ways to get the one answer.

being globally minded was a real good thing to learn about and i really enjoyed it.