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interdependence

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interdependence

In economics, situation where an individual, business organization, or economy is economically reliant on others. Interdependence always occurs when specialization occurs. For example, the UK is dependent on India for tea. The USA is dependent on the UK for consumption of Rolls Royce cars. A teacher is dependent on a farmer for food.



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It will act upon the basic fact that WHEREVER THERE IS INTERDEPENDENCE, THERE IS BOUND TO BE TELEPHONY; and it will therefore prepare maps of interdependence, showing the widely scattered groups of industry and finance, and the lines that weave them into a pattern of national cooperation.
Even in the case of acknowledged correlatives, and where names exist for each, there will be no interdependence if one of the two is denoted, not by that name which expresses the correlative notion, but by one of irrelevant significance.
Old provincial society had its share of this subtle movement: had not only its striking downfalls, its brilliant young professional dandies who ended by living up an entry with a drab and six children for their establishment, but also those less marked vicissitudes which are constantly shifting the boundaries of social intercourse, and begetting new consciousness of interdependence.
 
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