Global economic is the economy in the world such as the international exchange goods and service with among countries.Global economic activity has been around for over 2,000 years. The speed at which economic activity takes place is certainly faster, but this increased speed is of little to no consequence to the small and medium-sized business.global economy is really nothing more than the fact that the banking industry and some very large companies have expanded to the point where they don’t really have any national loyalty. Any claim to a national identity is merely a facade; they hold no national allegiance and their only interest in any country is the ability to make a profit. The “global economy” is nothing more than near complete dependence of governments on the global banks and international corporations. No State is prepared to operate without them. In other words, the “Global Economy” is not about providing for the economic needs of the community, the region, or even the state. It is not about the production of wealth for the people of a country. It is mainly about finance, which is only one part of economics, and maintaining the consolidated state of wealth on. Economic activity across the country was primarily local, the overall economy of the country would be self-sufficient because the local economies would be self-sufficient. The overall economy of the country would be stable because the local economies would be stable. The overall economy of the country would be resilient because the local economies would be resilient. There would still be regional and global trade because the desire for other goods would still be present, but there would not be a dependence on those goods.