How to configure and use npm workspaces to manage dependencies in a monorepo project?

Simply put, npm workspaces simplify monorepo dependency management. Start by adding a workspaces field in your `package.json` file, specifying the directories containing your packages. Then, use the `npm install` command at the root of your monorepo to install dependencies for all packages. npm will symlink internal packages, ensuring they use the same dependencies.

To manage package-specific dependencies, update the `package.json` files within individual packages. This setup streamlines development, ensures consistent dependencies, and simplifies updates within your monorepo project.