According to sociologist Immanuel Wallerstein, the _________ theory suggests that what exists under capitalism is a truly global system that is held together by economic ties.

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Immanuel Wallerstein's theory is known as the world systems theory, which posits that there is a truly global system under capitalism that is interconnected and held together by economic ties. The dependency theory focuses on the idea that less developed countries are dependent on advanced capitalist countries, while the new international division of labor examines how labor is divided globally. The modernization theory looks at how societies develop and modernize over time.

According to Sociologist Immanuel Wallerstein, the _________ Theory Suggests That