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A formula, such as =B6+(C6*.1), does not contain cell references.
Modernization Theory
A theory that posits that societies progress through stages of economic development, from traditional to modern industrial economies, with corresponding social and cultural changes.
Core Capitalist Countries
Denotes nations that are at the forefront of the global economic system, characterized by strong, developed economies and significant influence over world trade and financial markets.
Peripheral Countries
Nations that are less economically developed with minimal influence in the global economic system, often exploited by more dominant, economically powerful countries.
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