A globalized world has no boundaries, offering both opportunities and risks, factors which must be taken into account on a macro level. It is the responsibility of each individual to comprehend governmental decisions and consider their impact on our collective welfare and economy. Everything entails a cost, be it financial, mental, emotional, physical or even our most valuable resource, our time; all of these must be weighed against the returns. When we understand the cost-benefit ratio, we can better assess if the price we pay is fair or not. As is said, the economics of the market is and will always be determined by consumer behavior; and how you, as a consumer, choose to act will determine the fate of the economy. As the economy fluctuates, one is likely to confront similar circumstances, not necessarily in the same way, but in some form or the other. Investigating past occurrences assists us to comprehend how economic stories remain the same, though the words keep transforming. This book is about understanding the various aspects of the globalized world that we are all a part of.
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