Question

what is the interdependence of an ecosystem?

Answer 1

Economic interdependence is a system by which many companies are economically dependent upon each other. On a macroeconomic level, this can involve many countries being economically dependent upon each other as well. This interdependence is a product of labor specialization, meaning that when so many products are produced in one nation, jobs become more specialized and economic interdependence is bound to form. When this happens, companies must become part of a trading network, and they depend upon each other to supply products that they cannot produce themselves. One by-product of economic interdependence isglobalization. This is where each nation and their economies are dependent on other nations for products and goods. For example, the United States today depends on China to provide it with many goods.