INST1006

Question	Answer
Core	- Strong central government, bureaucracy, mercenary army - Control international comment and extract resources - commercially oriented independent farmer (use technology and parstualism)
Semi-Periphery	- Core in decline/ Periphery on its way to becoming part of the world economic system - Weak capitalist rural economy - Farmers use share-cropping to lessen the risks -Exploited by the core
Periphery	- Lack strong central government - Controlled by another state - Raw material trade to the core -Unequal trade with the core
External	- Maintains own economic system outside modern world economy
World Systems Theory	- Unlike Dependency theory, World System theory does not state that countries become stuck in the periphery like dependency theory, but can develop and therefore reduce disparities - Semi-peripheral countries are examples
Dependency Theory	- Why some countries did not reach the same level as the west using same path; why they were forced to stay behind, why their economies did not ‘take off’ - Economy of certain countries is conditioned by the development and expansion of another economy to which the former is subjected - Flow of goods from periphery to the core
Modernisation Theory	-

Resource summary

	Created by jemma Harbison almost 6 years ago