• Entry
  • Reader's guide
  • Entries A-Z
  • Subject index

Interdependence is the doctrine of mutual dependence among all of the actors within a situation for the survival and success of that situation. It is most commonly used to mean that the people of the world and the institutions they have created both depend on and are depended upon by the earth's environment. Consequently, it is necessary for any decision related to economics also to integrate the environmental impact into the decisionmaking process, while decisions relating to the environment cannot ignore the economic aspects. In practical terms, it is necessary to cultivate a holistic mindset that can integrate all aspects of society and all aspects of the surrounding environment in order to determine optimal forms of behavior.

This form of thinking can be applied to a ...

    • Loading...
    locked icon

    Sign in to access this content

    Get a 30 day FREE TRIAL

    • Watch videos from a variety of sources bringing classroom topics to life
    • Read modern, diverse business cases
    • Explore hundreds of books and reference titles