Examlex
The productivity of the employees of a bakery is reduced because of the excessive noise coming from a next door car repair shop.This is an example of
Core Capitalist Countries
Nations that dominate global economic systems, characterized by high levels of industrialization, technological advancement, and significant influence on global trade and markets.
Peripheral Countries
Are former colonies that are poor and are major sources of raw materials and cheap labor.
Semiperipheral Countries
Such as South Korea, Taiwan, and Israel, consist of former colonies that are making considerable headway in their attempts to industrialize.
Gross National Product
The total value of all goods and services produced by a country's residents and businesses, regardless of where the production takes place, over a specific time period.
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