Record 3T

Economics goes beyond textbooks and has a big impact on our world. It influences the decisions and policies of countries and affects global events. The current rise in oil prices is a result of various factors like financial interests, energy security, and international policies. So while you might think of economics as subject-confined textbooks, it significantly impacts your world, shaping the decisions and policies of nations and influencing global events. The surge in oil prices we see today is caused by a complicated mix of financial interests, the need for energy security, and the policies between countries.