World systems theory sees the world economic system as divided into
A) the free world and the communist world
B) the East, the Middle East, and the West
C) modern, modernizing, and traditionalist states
D) a core, semiperiphery, and periphery

Question

Quizplus · Accepted Answer

World systems theory sees the world economic system as divided into a core, semiperiphery, and periphery. The core countries are the developed and industrialized countries, while the periphery countries are the least developed and have the most limited economies. The semiperiphery countries are in between, with some level of industrialization but still dependent on the core countries. This theory critiques the traditional North-South divide or the division between developed and developing countries, arguing that the global economic system perpetuates inequality and exploitation.

World Systems Theory Sees the World Economic System as Divided