Forces that Shape the Global Economy

1. Technology

Technology has affected and it will keep affecting the economy by direct job creation, contribution to GDP growth which stands for Gross Domestic Product and it means a nation's total economic activity Also, by creation of new services and industries, workforce transformation and finally business innovation. The use of technology has been linked to marketplace transformation, improved living standards and promoted international trade. Experts believe technology is the strongest factor that will shape the global economy. Also technology made people get jobs, in the US alone, computer and information technology jobs are expected to grow by 22% up to 2020, creating 758,800.

2. Change, affects on markets 

Change and affects on markets shapes the global economy because, the market in general, is strongly related and connected to the economics. If the market in a certain country gets affected this will shape the economics because the it's trend will get affected.For example, companies will struggle if there is a natural disaster and that affects a certain market that the company is based on. Change of markets can lead to change in economics. 

3.Global Flows of Goods, Information

The free global flow of information has made changes in radical pricing transparency and new networks of engaged consumers, increased innovation(+40%), increased of labour productivity, greater consumers' knowledge/awareness, increased product and service customization more. All of these are definitely connected to economy. Moreover experts strongly believe global flows of good and information will keep affecting the economy.

4. Natural-resource management

There are many serious public debate on Natural-resource management. Some say it affects the economy in a positive way and others say the opposite. There are affects that natural-resource management do, such as on companies' profits and more. Twenty-five percent of the experts expects that natural-resource management will  have a negative effect on their company's profits. Energy and manufacturing, a natural resource will continue to be outliers. Forty-one percent of manufacturing-sector experts expects negative effects on companies, profits. But, some experts/people of  59 percent expect to see a positive impact on profits.