Practice question · Sort into groups
Core or periphery? Sort each economic profile in world-systems terms.
Groups: Core · Periphery
- Hosts corporate headquarters and sets standards
- Exports unprocessed minerals and cash crops
- Competes on the price of low-skill labor
- Exports patents, finance, and capital goods
- Captures the design and branding share of value chains
Hints
- The zones are defined by what a country sells.
- Ideas and machinery sit at one end, raw materials and hours at the other.
Show the answer
Core: Exports patents, finance, and capital goods, Hosts corporate headquarters and sets standards, Captures the design and branding share of value chains
Periphery: Exports unprocessed minerals and cash crops, Competes on the price of low-skill labor
Why
The zones are defined by what you sell: ideas and machines versus rocks and hours. The semi-periphery — assembly platforms, rising manufacturers — sells a bit of both.
Practise Global Inequality
The app has 6 more questions on this lesson, and keeps your place in the course. Business I is free to start.
More questions on Global Inequality
- Since 1990, East Asia’s growth pulled people out of extreme poverty on a historic scale. Set the slider to…
- Which observations does dependency theory struggle to explain?
- Rostow’s stages and Wallerstein’s core-periphery model explain the same income gaps. What is the substantive…
- Adjusted for purchasing power, the strongest single predictor of an individual’s income worldwide is their…
- Order Rostow’s stages of growth.
- Match each measurement concept to its meaning.
- Global inequality between countries has narrowed since 1990 while inequality inside many countries has…