Peripheral capitalism is not very important to the functioning of the modern world-system.

Question

Quizplus · Accepted Answer

Peripheral capitalism plays a significant role in the modern world-system as it accounts for a significant portion of global trade, labor, and resources, and serves as a source of cheap input for core countries. Peripheral economies also face exploitation and unequal exchange which perpetuates the core-periphery relationship within the world-system.

Peripheral Capitalism Is Not Very Important to the Functioning of the Modern