What Is the Basic Premise of the Core-Periphery Relationship

question 53

Multiple Choice

What is the basic premise of the Core-Periphery relationship?

• A) As the world economy expanded, it developed a core of less developed countries and a periphery of dominant, more developed countries.
• B) As the world economy expanded, a cycle developed wherein countries (such as Great Britain) spent about a century as the dominant power in the world economy, then lost its power and joined the periphery of less dominant economic powers.
• C) As the world economy expanded, a cycle developed wherein countries (such as the United States) spent about a century as a peripheral player in the world economy, then gained power and became a dominant economic power at the core of the world economy.
• D) As the world economy expanded, it developed a core of dominant, developed countries and a periphery of dominated less developed countries.
• E) As the world economy expanded, it developed a core of capitalist countries and a periphery of communist countries.

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Definitions:

Energy Consumption

The amount of energy utilized by processes, activities, or devices, often measured in joules, kilowatt-hours, or other energy units.

Utility Functions

Mathematical representations indicating the relationship between a consumer's utility and the consumption of various goods.

Moral Obligation

A duty which one owes, and which one ought to perform, but which is not legally enforceable.

Unregulated Industry

An industry or sector that operates without significant government rules, restrictions, or oversight, often leading to a free market scenario.