Q. The World System Theory was proposed by ?
Solution:
- The world systems theory, developed by sociologist Immanuel Wallerstein, is an approach to world history and social change that suggests there is a world economic system in which some countries benefit while others are exploited.
- World-systems theory is a multidisciplinary approach to world history and social change which emphasizes the world-system as the primary unit of social analysis.
- Theory asserting that most nations are part of a worldwide interdependent economic and political system based on the unequal exchange in the division of labor and allocation of resources between core nations, semi-peripheral nations, and peripheral nations.
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