Immanuel Wallerstein's ___________theory suggests that what exists under capitalism is a truly global system that is held together by economic ties in which wealthier nations benefit from other nations.
A) dependency
B) new international division of labor
C) world systems
D) modernization

Question

Quizplus · Accepted Answer

Wallerstein's theory is the world systems theory, which argues that the current global economic system is held together by economic ties between wealthy and poor nations, with the former benefiting at the expense of the latter. Dependency theory and the new international division of labor are related concepts, but they are not synonymous with world systems theory. Modernization theory is a different perspective on economic development.

Immanuel Wallerstein's ___________Theory Suggests That What Exists Under Capitalism Is