Analyze how events in the middle east illustrate economic interdependence.

Answer;

-Global interdependence is increasing due to growing industrialization and rapid technological advances in manufacturing, transportation, and telecommunications.

Explanation;

There are several factors or ways in which this interdependence is shown.

1) economic - oil is produced in the middle east in large quantities. The world is very dependent on oil for gas and other products.

2) Socially- Many people from all over the world visit the middle east and vice versa. All these interactions affect the social interdependence of the world..and how we get along with each other. As people migrate or travel, they have economic interdependence affecting them all the time in both macro and micro.

3) Cultural - Many cultures occupy the middle east. They are not the same. For example, the people of Iran are largely Persian and that is different from Arab. Also, Jewish people in Israel are of a different background as well.

4) Politically -Each of the countries of the middle east receive economic aid from different countries.

the phenomenon that would be cited as evidence of increased economic interdependence between europe and the americas is  the development of mercantilism.

this theory suggests that the wealth of a country depends on its economic assets, or capital.

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it would have concentrated power in the executive branch of the government. it would have restored balance among the three branches of government. it would have set a precedent for government intervention in the economy. it would have signaled an end to all the programs of roosevelt’s new deal.

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