Explain to your elderly relative, who is wondering what is the global marketplace that they keep hearing about. They have also heard about "mancession", "she-economy" and the "circular economy". They are surprised by these terms and also very puzzled. Explain to them your understanding of "mancession" the "she-economy" and the "circular economy". How are these impacting or driving business in the global marketplace or not?

Respuesta :

The global market place is simply the concept that suggests that the world is now a global unit where anyone can sell or buy anything without being hindered by the limitation of space, time, and distance.

What is Mancession?

A recession that affects males more than women is referred described as a "mancession." High unemployment that disproportionately affects men is what is known as a mancession.

What is She-economy?

The term She-economy is used to describe the concept that is suggestive of the fact that women are now a dominant force in the global economy. It indicates that women oversee $20 trillion in yearly global consumer expenditure, and in the following five years, that amount may increase to $28 trillion.

What is circular economy?

The phrase "circular economy" describes a shift in the way resources are extracted, turned into goods, and ultimately discarded.

In a circular economy, resources are used less frequently, materials are redesigned to be less resource-intensive, and "waste" is recovered and used as a resource to create new materials and goods.

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