Global Economy

Global Economy

by Richard Spilsbury
     
 

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What exactly is the global economy and how does it work? What are recessions and how do they happen? This book answers these questions and also shows how one nation's economy can effect the global economy. This book also discusses the concept of microlending.

Overview

What exactly is the global economy and how does it work? What are recessions and how do they happen? This book answers these questions and also shows how one nation's economy can effect the global economy. This book also discusses the concept of microlending.

Editorial Reviews

Children's Literature - Greg M. Romaneck
We live in a world that is highly interconnected. The actions of government or vagaries of nature in one part of the globe exert a direct effect upon happenings in parts of the world far removed from the immediate vicinity of events. For example, economic difficulties in Asia have a significant impact upon people living on other continents. Likewise, trade arrangements, environmental policies, prevailing wages, and industrialization in portions of the world can shape the lives of people all over the globe. It is this tapestry of economic interdependence that is featured in this title from the illustrated "Hot Topics" series. In Global Economy readers are given a whirlwind course of study in the ways the economic world has become steadily more interwoven. Readers are provided evidence of the positive and negative results of this global economy not only on people but also on the wellbeing of our planet. For example, in a world where economic decisions in individual nations affect others far removed from those lands it becomes increasingly important for there to be cooperation in terms of policy, practices, and approaches in the field of commerce. Similarly, poor ecological practices in one nation impact the quality of life on Earth all across the globe. This story of economic interdependence is well told in this informative and well written text thereby making this work a valuable teaching resource. Reviewer: Greg M. Romaneck

Product Details

ISBN-13:
9781432960469
Publisher:
Heinemann-Raintree
Publication date:
01/01/2012
Series:
Heinemann-Raintree Hot Topics Series
Pages:
64
Product dimensions:
9.80(w) x 6.20(h) x 0.40(d)
Lexile:
1230L (what's this?)
Age Range:
12 - 16 Years

Meet the Author

Richard Spilsbury is an experienced author of nonfiction books for young people. He has written about a wide range of topics including science, nature, and history.

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