What do you call the system that deals with inter-regional and transnational division of labor, which divides the world into core countries, semi-periphery countries and the periph... What do you call the system that deals with inter-regional and transnational division of labor, which divides the world into core countries, semi-periphery countries and the periphery countries?
Understand the Problem
The question is asking about a specific economic or political system that categorizes countries based on their roles and functions in the global economy, particularly in relation to labor division.
Answer
World-system or World-systems theory
The system is called the 'World-system' or is described by 'World-systems theory'.
Answer for screen readers
The system is called the 'World-system' or is described by 'World-systems theory'.
More Information
World-systems theory, developed by sociologist Immanuel Wallerstein, categorizes countries into core, semi-periphery, and periphery based on their role in the world economy. Core countries are dominant, semi-periphery are intermediate, and periphery are less developed and exploited.
Sources
- World-systems theory - Wikipedia - en.wikipedia.org
- Wallersteins World Systems Theory | Definition & Examples - Lesson - study.com
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