Explain that economic instability touches every area of our lives, give examples

The economy has changed day by day. It changed as it is organized in such a way and governed by the collaboration of the nations.

Explanation:

The global economy is that which connects one nation to another nation. It connects the activities that are taken in multiple countries. These economic changes have positive as well as a negative effect on the countries.

There are multiple characteristics of an economy that effects countries.

Globalization International trade International finance Global investment

The global economy is very important for all countries. It is important at different levels such as micro and macro levels.