In reference to the economic integration of less developed nations into the structures of a world economy,__________ regions consist of areas that provide raw materials and are exploited by other regions.

Question

Quizplus · Accepted Answer

The periphery regions refer to less developed areas that provide raw materials and cheap labor for the core regions to exploit. These regions are typically located on the outskirts or margins of a country, and they tend to have weaker economies and political institutions. Multinational and global regions are not commonly used terms in this context, and the core regions are typically the more developed and industrialized areas that dominate the world economy.

In Reference to the Economic Integration of Less Developed Nations