In 3-4 sentences, explain the relationship between the monsoon and the economy, both in terms of what happens in South Asia and global markets.

The monsoon season in South Asia plays a crucial role in the economy, particularly in agriculture, as it significantly influences crop yields. A good monsoon leads to increased agricultural productivity, which can drive economic growth and improve food security, while a poor monsoon can result in droughts, crop failure, and inflation. Additionally, fluctuations in agricultural output due to monsoon variability can affect global markets, as changes in South Asian exports can influence prices and supply chains, particularly in commodities like rice, spices, and textiles. Thus, the monsoon has a dual impact, sustaining local economies and exerting influence on global market dynamics.