In World System Theory, Nations That Have Been Totally Left

question 102

Multiple Choice

In world system theory, nations that have been totally left out of the development of capitalism and allowed to stagnate are called ________.

• A) semi periphery nations
• B) core nations
• C) periphery nations
• D) the external area

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Definitions:

Variable Expense

Costs that fluctuate in direct proportion to changes in an organization's activity level or volume of output, such as raw material costs.

Target Profit

The desired net income a business aims to achieve within a specific period, often used for setting sales targets or pricing strategies.

Unit Sales

The total quantity of a product sold by a company in a given period, not to be confused with sales revenue.

Break-Even

The point at which total costs and total revenue are equal, resulting in no net loss or gain for the business.