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What distinguishes Wallerstein's notions of core, peripheral, and semiperipheral nations? Define each, and explain how they correlate to the concepts of colonial and postcolonial nations. After explaining the role of each in production or exchange networks, explain-using the example of Appalachia from the text-how a peripheral area can exist within a core. Provide a second example of how a core can exist within a periphery. How does the author account for this phenomenon?
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The one-time expenditure on physical assets such as buildings, machinery, and equipment, not to be confused with operational or day-to-day expenses.
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