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Answer:

“Global age” refers to a period of time when there is a prevailing sense of the interconnectedness of all human beings, of a common fate for the human species and of a threat to its life on this Earth.

Explanation:

The term "global age" describes a moment when there is a general perception of the interconnectivity of all people, of the human species' shared fate, and of a threat to its continued existence on Earth.

What elements comprise the global economy?

The term "global economy" refers to the totality of economic activity that occurs both within and across countries. Each country is a unique entity with its own industrial production, labour market, financial market, resources, and environment.

International trade, finance, and labour migration are three prominent examples of fields in which countries must cooperate and find common ground. Globalization enabled and accelerated these fields' expansion.

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