Economic Interdependence

Business, Legal & Accounting Glossary

Definition: Economic Interdependence


Economic Interdependence


Full Definition of Economic Interdependence


A relationship between two or more people, regions, nations or other entities in which each is dependent on the other for necessary goods or services. Economic interdependence often occurs when all parties are specialized in the fulfillment of some requirements, and must trade with others for unmet requirements.


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Economic Interdependence. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/economic-interdependence/.
Chicago Manual of Style (CMS):
Economic Interdependence. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/economic-interdependence/ (accessed: April 19, 2024).
American Psychological Association (APA):
Economic Interdependence. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/economic-interdependence/

Definition Sources


Definitions for Economic Interdependence are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.