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1 January, 14:53

which theory views the global economic system as divided between nations that control wealth and those that provide natural resources and labor?

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  1. 1 January, 16:14
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    The correct answer is the world systems theory.

    Explanation:

    The world-systems theory is a socioeconomic theory. It was developed by sociologist Immanuel Wallerstein. According to this theory, the countries of the world can be classified into three types.

    1. Core countries

    2. Semi periphery countries and,

    3. Periphery countries

    There are countries which are powerful and control wealth and capital who exploit other less powerful and poor countries which have natural resources and labor.
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