CONTENT STATEMENT
- Regions and countries become interdependent when they specialize in what they produce best and then trade with other regions to increase the amount and variety of goods and services available.
CONTENT ELABORATION
Specialization occurs when people, regions, and countries concentrate their production on fewer kinds of goods or services than are consumed.
Specialization leads to increased production, because concentrating on the production of fewer goods or services can reduce the cost of production.
Greater specialization leads to increased interdependence among regions and countries because nations rely on other nations for the goods they do not produce for themselves.
When regions and countries trade, a greater variety of goods are available to consumers.
EXPECTATIONS FOR LEARNING
Explain how specialization and trade lead to interdependence among countries of the Western Hemisphere.