Ch 31: STAAR US History: Economic Interdependence in the 21st Century

About This Chapter

This chapter reviews information about economic interdependence in the 21st century to help you get ready for the STAAR U.S. History EOC exam. You can use these lessons to refresh your understanding of this concept.

STAAR US History: Economic Interdependence in the 21st Century - Chapter Summary

The STAAR U.S. History EOC exam may include questions that deal with economic interdependence in the 21st century. Studying this chapter will help you review what you need to know about:

  • The importance of entrepreneurship
  • Sam Walton and Bill Gates
  • Economic growth and government intervention
  • Impacts of information technology
  • Globalization, the international market and politics in international business

We keep our lessons short and focused to make reviewing information about the economy easier. You can read transcripts of the lessons to focus on economic vocabulary words, and complete each self-assessment quiz to measure what you've absorbed.

9 Lessons in Chapter 31: STAAR US History: Economic Interdependence in the 21st Century
Test your knowledge with a 30-question chapter practice test
Entrepreneurship & the Economy: Definition & Importance

1. Entrepreneurship & the Economy: Definition & Importance

Entrepreneurs fill a vitally important role in market economies. In this lesson, you'll learn about the importance of entrepreneurship, different types of entrepreneurs and how they add value to an economy.

Sam Walton: Biography & Career Profile

2. Sam Walton: Biography & Career Profile

This lesson will explore the life and career of the American entrepreneur Sam Walton, the successful businessman behind Walmart, one of the largest retailers in the world.

Bill Gates: Biography & Career Profile

3. Bill Gates: Biography & Career Profile

Bill Gates is a name known to most of us, but what is the story behind the success? In this lesson we'll look at Bill Gates' life and career, including his work in both computer technology and global philanthropy.

Economic Growth, Productivity & Policy

4. Economic Growth, Productivity & Policy

This lesson explains the concepts of economic growth, productivity, and policy. It also shows how companies can impact each other's growth and productivity, and how both monetary and fiscal policy affects the economy as a whole.

Government Intervention in the Economy: Issues & Factors

5. Government Intervention in the Economy: Issues & Factors

In this lesson, you'll consider the question of when it's worthwhile for the government to take action related to the economy. We'll use concrete examples to help you understand these hotly debated issues.

Information Technology: Impact on the Economy

6. Information Technology: Impact on the Economy

Information technology has impacted the economy in a number of ways. The most noticeable changes involve e-commerce, marketing tactics, facilitation of globalization, job insecurity, and job design. This lesson will explore a variety of concepts pertaining to the changing economy, including downsizing, outsourcing, the use of cookies, the benefits and costs of globalization, and the impact of e-commerce.

What Is Globalization of Business? - Definition, Impact & Effects

7. What Is Globalization of Business? - Definition, Impact & Effects

What is globalization of business? In this lesson we'll discuss what it is, its impact on the global marketplace, and the effects of globalization on businesses worldwide.

International Market: Definition & Explanation

8. International Market: Definition & Explanation

If you've sold a product on E-bay outside the United States, you sold your product in an international market. In this lesson, you'll learn what an international market is and explore some of its key concepts.

Political Environment in International Business: Definition, Factors & Impact

9. Political Environment in International Business: Definition, Factors & Impact

Governments and politics play a large role in international business. In this lesson, you'll learn about the political environment in international business, some of its key factors, and its impact. A short quiz follows.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

Earning College Credit

Did you know… We have over 200 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.

To learn more, visit our Earning Credit Page

Transferring credit to the school of your choice

Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.

Other Chapters

Other chapters within the STAAR U.S. History: Test Prep & Practice course

Support