In the sixteenth and seventeenth centuries, the capitalist core consisted of , whereas the capitalist periphery was composed of :

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In the sixteenth and seventeenth centuries, the capitalist core countries were those that were rapidly industrializing and expanding their global trade networks, such as England, France, and Holland. The capitalist periphery referred to regions that were integrated into the world economy mainly as suppliers of raw materials and labor, which included Eastern Europe and the colonies in Iberian America.

In the Sixteenth and Seventeenth Centuries, the Capitalist Core Consisted