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Please Define the Following Key Terms

question 18

Essay

Please define the following key terms. Show Who? What? Where? When? Why Important?
-Versailles


Definitions:

Semiperipheral Country

A nation that is intermediate between the core and periphery countries in the global economy, exhibiting traits of both industrialization and dependency.

Colonial Past

The period in a country's history when it was controlled and exploited by a foreign power, impacting its development, culture, and social structure.

Prosperity

The state of being successful usually by making a lot of money and having a good quality of life.

Global Commodity Chain

The global commodity chain analyzes the worldwide network of production and distribution processes through which a product passes until it reaches the consumer, highlighting the economic and social implications of globalization.

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