According to Immanuel Wallerstein's theory of global capitalism,which nations are at the "core" of the world economy?
A)high-income nations
B)middle-income nations
C)low-income nations
D)All nations form the "core."

Question

Quizplus · Accepted Answer

According to Wallerstein's theory, the "core" of the world economy is made up of high-income nations that have developed advanced economies based on industrialization, technological innovation, and high levels of productivity. These nations, such as the United States, Japan, and Western European countries, dominate global economic and political institutions and wield a great deal of influence over the direction of the global economy.

According to Immanuel Wallerstein's Theory of Global Capitalism,which Nations Are