According to Wallerstein's world systems theory, core countries have the highest levels of economic development .
Similar to dependence theory, world systems theory asserts that wealthier nations take advantage of and exploit the citizens of less developed nations. Immanuel Wallerstein, a sociologist, proposed the idea, which contends that how a nation is integrated into the global capitalist economy affects how that nation's economy develops.
The three-level hierarchy of the World Systems Theory, with its core, periphery, and semi-periphery, was created by Immanuel Wallerstein.
Core nations are powerful capitalist nations that take advantage of periphery nations for labor and raw supplies.
In addition to having weak industries, peripheral nations are capital-dependent on core nations.
Semi-periphery nations have traits in common with both core and peripheral nations.
To learn more about Wallerstein's world system click here:
https://brainly.com/question/12476325
#SPJ4
