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Greater economic growth is one of the benefits of increasing economic interdependence.

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Josefa Bergnaum

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3y ago

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What is one of the benefits of increasing economic interdependence'?

Greater economic growth is one of the benefits of increasing economic interdependence.


What is one of the benefits of increasing interdependence?

Greater economic growth is one of the benefits of increasing economic interdependence.


Increasing economic interdependence also brings increased what?

GROWTH


What effect increasing economic independence have on the countries of the world?

Globalization leads to interdependence among nations because it brings some nations money and others are brought into poverty. Globalization is good and bad for any nation.


What effect does increasing economic interdependence have on the countries of the worl?

A loss of comparative advantage.......


What is the downside of increasing economic interdependence?

Economic interdependence can cause chain reaction such as the situation we are in right now. America's economy crashed due to the housing bubble and the other economys of the world crashed with America's.


Why do some countries fear increasing economic interdependence?

Their industries are too weak to compete with foreign competitors.


Is interdependence likely to make the world more peaceful?

Interdependence can contribute to peace by creating mutual benefits that encourage cooperation among nations. Increased economic ties and shared interests can reduce the likelihood of conflict in order to preserve these benefits. However, interdependence can also lead to vulnerabilities and tensions if one party feels exploited or disadvantaged, potentially increasing the risk of conflict.


What is one of the downsides of increasing economic interdependence?

Economic interdependence can cause chain reaction such as the situation we are in right now. America's economy crashed due to the housing bubble and the other economys of the world crashed with America's.


What is conditions lead to economic interdependence?

good economic condition


How does economic interdependence affect productivity?

O


Why do globalization and increasing interdependence pose risks to the global economy?

Globalization and increasing interdependence can pose risks to the global economy by creating vulnerabilities to economic shocks and crises that can spread quickly across countries. This interconnectedness can lead to contagion effects, where problems in one part of the world can rapidly affect others. Additionally, unequal distribution of benefits from globalization can exacerbate income inequality and social tensions, potentially leading to political instability.