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Mutual dependence at a global level. One country depends on Another Country for something and that country may depend on another country, which eventually creates global interdependence. Importing and Exporting of goods and services highly contributes to global interdependence. Certain commodities such as oil have created a global interdependence between countries that produce the precious commodity and those that covet it.
Wiki User
∙ 12y ago
Wiki User
∙ 11y agoIt means that people depend on each other.
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What is the interdependence of the global economy generally called?
globalization
What has changed in the past 20 years abut the economy?
Globalization and Interdependence
What are the current trends in Globalization?
Global wealth is less evenly distributed. Due to globalization The wealth gap is growing larger Outsourcing is becoming more common
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 does Family Interdependence mean?
it means that some family have to sacervice
What is the interdependence of the global economy generally called?
globalization
What has changed in the past 20 years abut the economy?
Globalization and Interdependence
How does globalization lead to interdependance among nations?
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.
How does NAFTA promote globalization and develops interdependence?
yes, it promotes globalisation because it belongs to three countries
Why do globalization and increasing interdependence pose risks to the global economy?
Disruptions in one place have effects else where.
What are the current trends in Globalization?
Global wealth is less evenly distributed. Due to globalization The wealth gap is growing larger Outsourcing is becoming more common
What are the Causes d the results of the interdependence among the nations?
Causes of interdependence among nations include globalization, advancements in technology, and international trade. This interdependence results in increased economic cooperation, cultural exchange, and global interconnectedness. It also fosters mutual reliance on each other for resources, knowledge, and security.
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 is the definition of global independence?
Global independence is the right of nations to maintain their own sovereignty. It is the opposite of global interdependence, and therefore is being threatened by globalization.
What does employing interdependence mean?
Employing interdependence means being able to get help from people to complete a task. Interdependence means that there is mutual dependence from the parties involved.
Could interdependence mean the US only relays on itself for goods and services?
Good interdependence mean that the US only relies on it so if it doesn't services
The process in which countries are linked to one another through culture and trade is called?
The process described is called globalization. It involves the integration and interdependence of countries through the exchange of goods, services, ideas, and culture. It has been facilitated by advancements in technology, transportation, and communication.
