Productivity and Interdependence
Alex & Jose
Productivity
-output per unit of input- is the fundamental determinant of the growth of a country's material standard of living
Interdependence
Interdependence is depending on other people. For example, we people depend on Foodlion or Wal-Mart mainly for food. We rely on clothes stores to sale us clothes. Most things we do or need, we depend on other people.