World economy
The world economy or the global economy is the economy of everyone in the world. This includes all trading that happens between people or groups of people such as nations.[1][2] In some situations, the two meanings can mean different things, with the "global economy" being measured differently from how people measure and look at economies by country.
World Economy Media
- World GDP per capita 1500 to 2003.svg
World GDP per capita between 1500 and 2003
Countries by total wealth (trillions USD), Credit Suisse
- World GDP Per Capita 1500 to 2000, Log Scale.png
World GDP per capita between 1500 and 2000 (log scale)
- World GDP per capita 1500 to 2003.svg
World GDP per capita between 1500 and 2003
- Gdp accumulated change.png
GDP increase, 1990–1998 and 1990–2006, in major countries
- Global primary energy consumption, OWID.svg
Global primary energy consumption, measured in terawatt-hours (TWh) per year
- Scientific and technical journal publications per million residents, OWID.svg
Number of scientific or technical journal article publications per million residents as of 2013.
- Relative change in main global economic and environmental indicators from 1970 to 2017.webp
Shown is how the global material footprint and global CO2 emissions from fossil-fuel combustion and industrial processes changed compared with global GDP.
The period since 1950 has brought "the most rapid transformation of the human relationship with the natural world in the history of humankind". Through 2018, humans have reduced forest area by ~30% and grasslands/shrubs by ~68%, to make way for livestock grazing and crops for humans.
References
- ↑ "THE GLOBAL ECONOMY | definition in the Cambridge English Dictionary". dictionary.cambridge.org. Retrieved 20 September 2020.
- ↑ "World Economy." – Definition. American English Definition of with Pronunciation by Macmillan Dictionary. N.p., n.d. Web. 2 January 2015.