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Last week the United Kingdom made a historical decision to leave the European Union, otherwise known as "Brexit" (a portmanteau of "British exit"). After a 52 to 48 percent vote to leave the EU, economists continue to reassure the public that the move will have a relatively small impact on the global economy as a whole. 

Some of the deciding factors for those who backed the Brexit include immigration control, decentralization of power, and to 'make Britain great again'.

The referendum itself is not legally binding and European leaders have expressed frustration at the UK's hesitancy to put things into motion. Will it still happen? Can they hold another vote? There's a lot of unanswered questions that remain after last week's decision and only time will tell.