How do events in the Middle East illustrate Economic Interdependence?

Answer 1

There are several factors or ways in which this interdependence is shown. 1) ecoomic - oil is produced in the Middle East in large quantities. The world is very dependent on oil for gas and other products. 2) Socially- Many people from all over the world visit the middle east and vice versa. All these interactions affect the social interdependence of the world..and how we get along with each other. As people migrate or trvel, they have economic interdependence affecting them all the time in both macro and micro (small and large economic exchanges) 3) Cultural - Many cultures occupy the middle east. They are not the same. For example, the people of Iran are largely Persian and that is different from Arab. Also, Jewish people in Israel are of a different background as well. When these groups interact, for peace to occur, a recognition of these differences is necessary. Similaraly as with socially, cultural interactions have economic results as well. 4) Politically -Each of the countries of the middle east receive economic aid from different countries. The decisions to aid or not to aid these countries depend on political decisions made by the governments in power in the particularl countries and how they see their countries (and their political partys") self interest.