Final answer:
According to the context provided, the statement 'Britain and Spain established different institutions for managing politics in their colonies' is NOT true in relation to market articulation, as it pertains to the political management rather than the economic structuring of production and product flows.
Step-by-step explanation:
The question pertains to the concept of market articulation, which is not directly addressed in the reference material provided.
However, utilizing the information given and understanding the concept broadly, market articulation can generally be understood as the way production activities and product flows are structured within the global economy, often influenced by historical developments such as colonialism, and socio-economic factors like urbanization and industrialism.
Given this context, the statement that is NOT true about market articulation according to the textbook would likely be (b) 'Britain and Spain established different institutions for managing politics in their colonies.'
This statement does not directly relate to market articulation within a core country's development or the incorporation of products from developing regions into the world economy. Instead, it discusses the colonial management tactics of different countries, which may be more relevant to political geography or the history of colonialism.