What is meant by the term 'world economy'?
        
        
     
    
 replied to:  tjames
         
        
            
            Replied to:  What is meant by the term 'world economy'?
         
        A world economy refers to the value of those resources native to the Earth.
        
        
     
    
 replied to:  ltred12
         
        
            
            Replied to:  A world economy refers to the value of those resources native...
         
        The world economy is generaly judged in terms of human economic activity on a global level.