Immanuel Wallerstein's modern world systems analysis sees nations and regions as divided into different groups in terms of economic dominance. These include core, semiperiphery, and periphery groups. What is one defining characteristic of the periphery group?

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One defining characteristic of periphery group, according to Wallerstein's modern world systems analysis, is cheap labor. Periphery nations are typically exploited for their low-cost labor, and they tend to have fewer economic opportunities and more limited access to resources and infrastructure than core or semiperiphery nations.

Immanuel Wallerstein's Modern World Systems Analysis Sees Nations and Regions