Industrialization is a major cause of economic interdependence. Advanced economies often become dependent on other nations for goods and services they do not produce themselves. In general, nations benefit from economic interdependence.
Explanation: rise of globalization:
The need for countries to rely on each other for these resources creates a global interdependence. In fact, the drive of globalization creates a robust interconnection of the world network through borderless operations of countries, making it easier to interact, trade and build a co-operative world.
