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What is Wallerstein's World System Theory?
What is Wallerstein's World System Theory?
Immanuel Wallerstein developed World Systems Theory and its three-level hierarchy: core, periphery, and semi-periphery. Core countries are capitalist countries that exploit peripheral countries for labor and raw materials.
What does Wallerstein's theory explain about the world?
What does Wallerstein's theory explain about the world?
Wallerstein's theory explains why developing countries are exploited and not developing as fast as other countries.
What are the three parts of Wallerstein's theory?
What are the three parts of Wallerstein's theory?
Core, semi-periphery, periphery.
What are the UN Millennium Development Goals?
What are the UN Millennium Development Goals?
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What are the UN Sustainability Goals?
What are the UN Sustainability Goals?
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Study Notes
Wallerstein's World System Theory
- Developed by Immanuel Wallerstein, this theory analyzes global economic disparities through a three-tiered hierarchy.
- The three categories are core, periphery, and semi-periphery:
- Core Countries: Wealthy, industrialized nations that benefit from exploiting resources and labor from peripheral countries.
- Peripheral Countries: Less developed nations with limited resources, often heavily dependent on exports and subject to exploitation.
- Semi-Peripheral Countries: Nations that fall between core and peripheral, possessing some industrial capacities but also facing challenges.
Explanation of Global Economic Exploitation
- Wallerstein's theory provides insight into the structural reasons behind the slow development of certain countries.
- It argues that the economic relationships established by core nations contribute to the continuing dependence and exploitation of peripheral nations.
Primary Components of Wallerstein's Theory
- Core: Dominates global trade, holds technological and financial advantages.
- Semi-Periphery: Functions as a buffer between core and peripheral, exhibiting characteristics of both, with some growth potential.
- Periphery: Characterized by low levels of industrialization, often reliant on the core for economic stability.
UN Millennium Development Goals
- A set of internationally established targets aimed at eradicating extreme poverty across various dimensions, including:
- Income poverty
- Hunger
- Disease
- Homelessness
- These goals were designed to galvanize global efforts towards substantial and measurable progress.
UN Sustainability Goals
- The 2030 Agenda for Sustainable Development outlines 17 Global Goals aimed at addressing various global challenges.
- Each of the goals encompasses specific targets—169 in total—focused on sustainable development and inclusive progress for all nations by the year 2030.
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Description
Explore Immanuel Wallerstein's World System Theory, which analyzes global economic disparities through core, periphery, and semi-periphery nations. This quiz delves into the structural reasons behind economic exploitation and the roles played by different countries in this hierarchy.
