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The median of an ordered data set with 30 items would be the average of the 15th and the 16th observations.
World System Theory
A sociological theory focusing on the global economic system as a complex structure influencing countries’ development and interactions through capital and trade.
Economic Hierarchy
A ranking of individuals or groups according to economic power, wealth, or status, affecting their access to resources and opportunities.
Political Hierarchy
A structured ranking system within a political entity or organization, where power and authority are distributed among different levels.
Modernization Theory
A theory which suggests that as societies undergo economic development, they will also experience cultural and social changes that lead them towards becoming more 'modern' or industrialized.
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