Economy is already a global term that influences more or less all the people all around the globe. The reason for this is that all the countries in the world are becoming increasingly more interconnected. Because they are becoming increasingly more interconnected, they're also a part of the same economy. Being a part of the same economy then also affects all the people all around the world more when a drastic events happens in one country.
Refractory Period is a period of time during which an organ or cell is not able to repeat a particular action, or the amount of time it takes for an organ or cell to be ready for a second stimulus.
