Which of the following describes the world economy at the turn of the twentieth century?

Question

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At the turn of the twentieth century, the world economy could be characterized by an industrial core (primarily in Western Europe and the United States), an agricultural domain (including regions such as Eastern Europe and parts of Latin America), and a "third world" (parts of Asia, Africa, and Latin America) that was tied to the industrial core through economic colonialism. This structure facilitated the flow of raw materials to the industrialized nations and the export of manufactured goods back to the colonies and semi-colonial regions.

Which of the Following Describes the World Economy at the Turn