Ghana is a nation that is rich in natural resources like gold, diamonds, and petroleum. Ghanaians hope to generate wealth through the sale of their resources to other countries. As such, Wallerstein's world systems theory would suggest that Ghana is a part of the:
A) Semi-Periphery
B) Periphery
C) Core
D) External

Question

Quizplus · Accepted Answer

Wallerstein's world systems theory categorizes countries based on their level of economic development and their position in the global economic system. The core countries are the most economically developed with strong central governments and are often the exploiters in the global economy. The periphery countries are less economically developed, have weaker governments, and their economies are often dependent on the export of a few raw materials or agricultural products, making them the exploited. Given Ghana's reliance on the export of natural resources like gold, diamonds, and petroleum, it would be classified as a periphery country according to Wallerstein's theory.

Ghana Is a Nation That Is Rich in Natural Resources