Wallerstein's World Systems Theory Divides the Nations of the World

question 11

Multiple Choice

Wallerstein's world systems theory divides the nations of the world into:

• A) urban centers and geographically isolated areas.
• B) core, periphery, and semi-periphery.
• C) developed and underdeveloped.
• D) modern and traditional regions.

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Definitions:

Group Boycotts

A concerted refusal by a group of businesses to deal with a particular company or a form of collective industrial action.

Sherman Act

A landmark federal statute in the United States antitrust law passed by Congress in 1890 to preserve competitive markets by prohibiting monopolies, cartels, and other forms of anti-competitive behavior.

Group Boycotts

A concerted action by businesses to exclude a party from commercial dealings, potentially violating antitrust laws.

Rule Of Reason

A doctrine used in antitrust law to determine if a business practice is acceptable, considering its purpose, effects, and whether it restrains trade.