Factors Influencing The Global Economy

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How do global factors influence the economy in your country? The global economy has impacted the US in a number of ways. The most known impact of the global economy has been on manufacturing in the US. The US has lost huge numbers of manufacturing jobs because these jobs can be done much more cheaply in other countries where workers do not get paid as much as American workers do. The good things is that the global economy helps US consumers by allowing us to get the things we want for less money because they can be made more cheaply in other countries.

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