Economic interdependence grew stronger from "summary" of The World Is Flat 3.0 by Thomas L. Friedman
As countries opened up their economies to trade and investment, they became increasingly interconnected. This economic interdependence was driven by advancements in technology, communication, and transportation that made it easier for goods, services, and capital to flow across borders. Companies began to operate on a global scale, sourcing components from one country, assembling products in another, and selling them in a third. This interconnectedness created a web of relationships between countries that relied on each other for economic growth and stability. For example, a disruption in the supply chain in one country could have ripple effects across the globe, impacting companies and consumers in multiple countries. This forced countries to work together to address common challenges and foster cooperation in areas such as trade, finance, and security. The rise of globa...Similar Posts
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