Which term means dependence on others for goods and services; occurs as a result of specialization?

Which term means dependence on others for goods and services; occurs as a result of specialization?

• A. Interdependence
• B. Industry
• C. Inflation
• D. Internet

Answer: (A)

Interdependence captures the mutual reliance that comes from division of labor and specialization. When people or regions focus on producing what they’re best at, they trade with others to get goods and services they don’t produce themselves, creating a web of dependence on others. The other terms don’t fit this idea: industry refers to a sector of economic activity, inflation is about rising prices, and the Internet is a global communications network.

Interdependence captures the mutual reliance that comes from division of labor and specialization. When people or regions focus on producing what they’re best at, they trade with others to get goods and services they don’t produce themselves, creating a web of dependence on others.

The other terms don’t fit this idea: industry refers to a sector of economic activity, inflation is about rising prices, and the Internet is a global communications network.