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Solve the equation.
Division of the World
Often used in geopolitical contexts, it refers to the categorization of the world into different blocks or spheres of influence based on economic, political, or cultural lines.
Competing Economic
The situation in which different economies, firms, or sectors vie for resources, markets, and dominance within the global economic framework.
Political and Cultural Areas
Regions defined by specific political boundaries or cultural characteristics, influencing the identity and practices of their communities.
Modernization Theory
Modernization theory is a model of economic and social development that explains global inequality in terms of technological and cultural differences between nations.
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