Economy, Refers to a system of production, consumption, and sale of goods and services within a country or region that determines how resources are allocated among all the participants, Global Economy, Integration of economies around the world into one system, Investing, Putting money into countries and businesses with the aim of making a profit , GDP, Monetary value of all goods and services produced within a country over a given period of time, E-commerce, Buying and selling of goods and services over the internet, Livelihood, Way people earn the money to pay for necessities such as food, housing, clothing, Free trade, Tariffs are removed or reduced between trading countries, Tariffs, Taxes imposed on imported goods, FDI, Business from one country may set up their operations in another country, or invest in businesses of another country.

Chapter 9

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