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What is one of the downsides of increasing economic interdependence?
Wiki User
∙ 6y ago
Economic interdependence can cause chain reaction such as the situation we are in right now. America's economy crashed due to the housing bubble and the other economys of the world crashed with America's.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoOne downside of increasing economic interdependence is if one nation plays a major role in the global economic network, and it experiences a major economic disaster, the rest of the countries tied to it through economic interdependence are hurt also. The Great Depression of the late 1920s and 1930s, for example, was initially an American issue, but eventually spread worldwide because of America's huge role in world economy.
Wiki User
∙ 6y agoloss of control over the national economy.
Wiki User
∙ 9y agoOne of the downsides of increasing economic interdependence is that such countries become subject to global market forces and lose control over the national economy.
Xio Gonz
Loss of control over the national economy
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What is one of the benefits of increasing economic interdependence'?
Greater economic growth is one of the benefits of increasing economic interdependence.
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 economic interdependence?
economic development is important for growth in national and per capita income along with increase in social welfare,moral values etc.
How would you match types of government restrictions with one of its economic downsides?
Educational Requirements - Reduction of parental freedom. Censorship - Limitations of individual development. Environmental Protection - Loss of jobs.
What is one of the down sides to increasing economic interpendence?
loss of control over the national economy.
What is one of the benefits of increasing economic interdependence'?
Greater economic growth is one of the benefits of increasing economic interdependence.
What is on of the benefits of increasing economic interdependence?
Greater economic growth is one of the benefits of increasing economic interdependence.
What is one of the benefits of increasing interdependence?
Greater economic growth is one of the benefits of increasing economic interdependence.
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 economic interdependence?
economic development is important for growth in national and per capita income along with increase in social welfare,moral values etc.
Actions in one part of the country or world that have an economic impact on what happens elsewhere are examples of?
Actions in one part of the world that have an economic impact on what happens elsewhere are examples of economic interdependence. Some examples of economic interdependence are food, energy, minerals, goods and foreign debt.
Why do globalization and increasing interdependence pose risks to the global economy?
Disruptions in one place have effects else where.
Is interdependence likely to make the world more peaceful?
Interdependence can contribute to peace by creating mutual benefits that encourage cooperation among nations. Increased economic ties and shared interests can reduce the likelihood of conflict in order to preserve these benefits. However, interdependence can also lead to vulnerabilities and tensions if one party feels exploited or disadvantaged, potentially increasing the risk of conflict.
How do you use economic interdependence in a sentence?
Interdependence is a word used to describe a situation when more than one group has mutual dependence about things. Some animals have interdependence like humans do.
Put interdependence in a sentence for a sixth grader?
The two sides note the growing global interdependence of national economies and financial structures.
What are the downsides of using an amplifier for one's car audio system?
There are many downsides of using an amplifier for one's car audio system. Some downsides for using an amplifier for one's car audio system includes bothering those around them due to the noise and harming one's ears.
How would you match types of government restrictions with one of its economic downsides?
Educational Requirements - Reduction of parental freedom. Censorship - Limitations of individual development. Environmental Protection - Loss of jobs.
