The World-System Perspective Sees LDC Nations in "Core" Position as Supplier

question 84

True/False

The world-system perspective sees LDC nations in "core" position as supplier of raw material and labor to the developed capitalist states.

---

Definitions:

Indirect Control

A form of influence where an entity can shape or guide the actions of another, without direct authority, often through intermediaries or other indirect means.

Consolidated Financial Statements

Financial statements that show the combined financial results of a parent company and its subsidiaries.

Dividend Income

Earnings received by shareholders from the profits of a company, distributed according to the number of shares owned.

Noncontrolling Interest

A portion of the equity in a subsidiary not attributable, directly or indirectly, to the parent company.