Question

The mutual dependence of the economic activities of one person, company, region, or nation and those of another person, company, region, or nation is called__________.

Answer 1

Economic interdependence

Step-by-step explanation:

Economic interdependence arises when two or more persons, organizations, regions are economically dependent on each other. The persons/ countries/ organisations/ regions etc. depend on each other to supply the products that they themselves are unable to produce. Economic interdependence usually arises as a result of specialization such that entities will have to depend on each other for products that they cannot produce.