The three principles that describe how the economy as a whole works are: (1) a country's standard of living depends on its ability to produce goods and services; (2) prices rise when the government prints too much money; and (3) society faces a short-run tradeoff between inflation and unemployment.
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discover the ocean and opened the school of navigation and soon turned into a regular school
The correct answer should be the worldwide system of stock markets.
It's actually a system of American stock markets and functions for the US economy. Historically some argue that it was based on a wall that protected from Indians, but it was more like a wooden palisade.It is the financial center of the US and the place of the NY Stock Exchange.