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What are the benefits and risks of interdependence?

What are the benefits and risks of interdependence? provide examples and evidence to explain two benefits and two risks of interdependence.

3 Answers

Benefits ofinterdependence include how developing countries can benefit from jobs providedby international companies, and trade. Developing countries benefit from jobsprovided by international companies that produce a lot of goods, because thatmeans more opportunities to make money. Families in poverty often rely on jobsprovided by retailers for clothes, jewelry, or toys from western companies.  Unfortunately, a risk of interdependence liesin that many companies take advantage of the high demand for jobs, and abusetheir power to help themselves. Interdependence allowswestern economies to take advantage of developing countries with weakereconomies. Western capitalist businesses often send jobs away to othercountries where companies pay their workers a lot less, which makes it cheaperto get goods (like clothes and toys) produced. This side of interdependence isdangerous because it can violate human rights. When a family in poverty livesin an area that allows child labor, they sometimes have no choice but to puttheir child to work in order to afford food and other necessities.  Also, that family may feel encouraged to havemore kids to bring in more money, and that contributes to overpopulation. Internationalorganizations have pressured countries with child labor to make laws againstit, but those laws are often ignored. Countries like India have made an effortto protect children, but some are still forced to work to help support theirfamilies.Another risk ofinterdependence can be expressed through a dilemma in many countries in Africa:the decision to either produce crops for food or for profit. Africangovernments, influenced by multinational corporations, worked to increase theproduction of cash crops. Cash crops help to grow the economy, but take uplarge portions of land that would instead be used for food, which forces somecountries to import expensive food to feed their growing population. Anotherissue surrounding cash crops: if the weather is particularly bad for a season,whether due to droughts or bad storms, the country suffers greatly. When acountry depends heavily on one commodity to attract trade and bring in profit,and there becomes a shortage of that crop, that does not bode well for theeconomy of that country.  However, there are still countries and areasthat benefit from interdependence due to trade. An example of abeneficial relationship between countries due to interdependence and trade liesin African countries like Nigeria, where rising oil prices due to high demandsbenefits the economy. When countries trade natural resources, like oil, foundin their geographical location, it has a positive effect on their economy.Trading with Asian industrial giants such as China and India also has apositive effect on economies in Africa. Countries in similar economic andgeographical positions also profit from the oil trade in addition to mineralsand other commodities. The growth that nations in Africa are experiencingattracts outside investments that are helpful when building a strong,successful infrastructure. ... Show More
I cant really help you but keep in mind that interdependence means when others depend on each other (countries).Explanation:... Show More
Interdependence is a compromise between two or more people or two things on each other. It requires for both parties to give and take, and hold and let go. As with anything else, there are many pros and many cons to interpendence. Pros- Power in Numbers - Extended OpportunitiesCons- Surrendered autonomy Hope this helps!... Show More

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