The world economy refers to the interconnected economic activities of countries around the globe. It encompasses trade, investment, and financial systems that link nations, allowing them to exchange goods and services. Factors such as globalization, technology, and international policies play significant roles in shaping the world economy. Economic growth, inflation, and unemployment rates are key indicators used to assess the health of the world economy. Organizations like the International Monetary Fund (IMF) and the World Bank monitor these indicators to provide support and guidance to countries. Understanding the world economy helps nations make informed decisions that impact their citizens' lives.