Self Sufficiency Flashcards
the ability to provide for all of your basic needs, such as food, clothing, shelter, and water, without relying on anyone else
Self Sufficiency
A country resembles this characteristic when it provides everything it’s population needs to survive without having to trade with other countries.
A self sufficient country
List 3 groups of people that may be considered self sufficient:
- Amish people
- Indigenous People
- Buddist munks
Define interdependence:
Interdependence is essentially an international trading relationship between two countries in which each depends on the other for certain goods and materials.
How does international trade increase interdependence between nations?
International trade can increase interdependence by stimulating economic growth of countries and thus financially interconnecting them.