economic interdependence

Economic interdependence refers to how countries rely on each other for goods, services, and resources. When nations trade, they become connected because each country depends on others to supply what they lack or need, such as raw materials, technology, or products. This interconnectedness can foster cooperation and economic growth, but it also means that economic problems in one country can impact others. Essentially, countries are linked through their economic activities, creating a web of mutual reliance that influences global stability and prosperity.