What is the system called that ranks nations in a hierarchy based on their access to the world's wealth, power, and prestige?
A) world system theory
B) dependency theory
C) global stratification
D) colonialism

Question

Quizplus · Accepted Answer

The system that ranks nations in a hierarchy based on their access to the world's wealth, power, and prestige is called global stratification. World system theory explains how the global economy and political system perpetuate inequality between core, semi-periphery, and periphery countries. Dependency theory focuses on how developing countries are dependent on and exploited by developed countries. Colonialism refers to the historical process of European countries establishing colonies and exercising control over other territories and peoples.

What Is the System Called That Ranks Nations in a Hierarchy