SSC
WORLD GEOGRAPHY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Interdependence
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Isolationism
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Nationalism
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Command Economy
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Detailed explanation-1: -Globalization is the word used to describe the growing interdependence of the world’s economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.
Detailed explanation-2: -**globalization of markets refers to the merging of historically distinct and separate national markets into one huge global market place. **firms promote the trend by offering the same basic products world wide .
Detailed explanation-3: -Interdependence is mutual dependence between things. If you study biology, you’ll discover that there is a great deal of interdependence between plants and animals. Inter-means “between, ‘’ so interdependence is dependence between things. We often use interdependence to describe complex systems.