The global economy is characterized by the __________.
A)Worldwide $\underline{\text{ dependence }}$ of resource supplies,product markets,and business competition.
B)Worldwide $\underline{\text{ independence }}$of resource supplies,product markets,and business competition.
C)Worldwide $\underline{\text{ interdependence }}$of resource supplies,product markets,and business competition.
D)Worldwide $\underline{\text{ distribution }}$of resource supplies,product markets,and business competition.
E)Worldwide $\underline{\text{ exploitation}}$ of resource supplies,product markets,and business competition.

Question

The global economy is characterized by the __________.
A)Worldwide $\underline{\text{ dependence }}$ of resource supplies,product markets,and business competition.
B)Worldwide $\underline{\text{  independence }}$of resource supplies,product markets,and business competition.
C)Worldwide $\underline{\text{ interdependence  }}$of resource supplies,product markets,and business competition.
D)Worldwide $\underline{\text{ distribution  }}$of resource supplies,product markets,and business competition.
E)Worldwide $\underline{\text{   exploitation}}$ of resource supplies,product markets,and business competition.

Quizplus · Accepted Answer

The global economy is characterized by worldwide interdependence of resource supplies, product markets, and business competition. This means that countries rely on each other for resources, trade goods and services, and compete with one another in the global market. No country is completely self-sufficient, and globalization has made it so that countries are interconnected and interdependent on each other's economies.

The Global Economy Is Characterized by the __________ dependence ‾\underline{\text{ dependence }} dependence ​

The Global Economy Is Characterized by the __________ $\underline{\text{ dependence }}$