The word that describes the interdependence between individuals or entities for services and goods is "interdependence." This term emphasizes the mutual reliance that occurs in relationships, where parties rely on each other to meet their needs and fulfill various economic or social functions.
Globalization
Global interdependence
goods are tangible and transferable , services are not
factors of production
Market
Globalization
Global interdependence
goods are tangible and transferable , services are not
Economic Resources
factors of production
It means there is an outstanding debt for some goods or services you have received.
There may have been monetary costs, but just as often as not tradesman used barter as a means to exchange services for services, goods for services or goods for goods. In other words, they traded.
It means a person who uses goods and services
Export means various item being shipped or flown out of your country. And importing means the complete opposite, importing is when various item are being shipped or flown into your country. Thanks for the question :) Bye
Market
Market
barterThe trade goods and service means to transfer the ownership of something. This could be trading many different goods that you own.