Question

According to Wallerstein's Theory, which statement below is correct?

Core countries are extractors, semi-peripheral countries are producers, and peripheral countries are consumers.

Core countries are extractors, semi-peripheral countries are consumers, and peripheral countries are producers.

Core countries are producers, semi-peripheral countries are consumers, and peripheral countries are extractors.

Core countries are consumers, semi-peripheral countries are producers, and peripheral countries are extractors.

Core countries are consumers, semi-peripheral countries are extractors, and peripheral countries are producers.

Answer 1

Core countries are consumers, semi-peripheral countries are producers, and peripheral countries are extractors.

Step-by-step explanation:

Answer 2

The answer is core countries are consumers, semi-peripheral countries are producers, and peripheral countries are extractors.

Step-by-step explanation:

The reason behind this is core countries control a disproportionate amount of global wealth and focus on economic activities that generate wealth rather than those that process resources. Semi-peripheral countries play a crucial role in buffering economic relations between the core and the periphery and helping shift resources from periphery to core countries through trade. Lastly, Peripheral countries are poorly developed but offer inexpensive unskilled, and low-skilled labor along with the natural resources needed for economic production.