Examlex
Explain what entity clustering is.
Peripheral Countries
Nations that are less economically developed with lower standards of living, often exploited and dominated by more developed countries in the global economy.
Outsourcing
Transferring a specialized task or job from one organization to a different organization, usually in another country, as a cost-saving device.
Global Stratification
The unequal distribution of resources, wealth, and power across countries and regions around the world, leading to a hierarchy of nations.
International Division
Refers to the segmentation of labor, production, and industries globally, often dictated by factors such as economic status, technological advancement, and resource distribution.
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