Importance of Global economy.
Global economy as the word suggests, is related to globe, it’s the world economy. It is because of globalization that various countries come together and are engaged in trade and industry, thus making International trade easier.
The developments of global economy plays a vital role in financial arena in the United States. The US economy is one of the largest economy in the world. It is because of global economy that the modern industrialization world is developing and prospering. Thus it is important for the countries of the world to participate in global economy so that the flow of resources keeps increasing and expanding.
Answer:
"A fool and his money are soon parted"
Explanation:
This proverb explains that no matter what, if you are a fool, you will not have money since you do not understand how to use it.
For example, how do you think a wise man would utilize his credit cards verses a foolish man? The wise man would be diligent to spend only what he could afford and make sure to pay back every penny, but the fool would spend it all right away.
<span>the conclusion is found within the final couplet.</span>
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