Different regions of the world are interdependent on each other to get those resources that are not available in their own countries.
What is available in region A may not be available in region B Therefore region B has to depend on A for those resources that they lack.
For example, Region A may have crude oil and region B does not. So region B has to carry out trades with A in order to get have products from crude oil.
<em>In conclusion regions are interdependent on each other to get the needed resources that they lack which the other region has in abundance.</em>
Regions – Different regions in a country depend on each other for resources.
Explanation:
For example, one area can have fields that can be planted and harvest for food, and the other region would buy the food from the first region. Nations – Different nations depend on each other for resources that are not available in that nation.
The main risks of an entrepreneur is the fact that 1. They could go bankrupt. 2. They could lose all their money and employees. 3. The business might not be successful.
