Immanuel Wallerstein Argues That Capitalist Development Has Resulted in the Creation

question 117

Multiple Choice

Immanuel Wallerstein argues that capitalist development has resulted in the creation of tiers,which he calls:

• A)core capitalist countries
• B)peripheral countries
• C)semiperipheral countries
• D)all of these choices
• E)core capitalist and peripheral countries only

---

Definitions:

Operating Activities

These involve the primary, day-to-day activities of producing goods or providing services, which generate most of the company's revenue.

Accrued Wages

Wages that have been earned by employees but have not yet been paid by the company, representing a liability on the balance sheet.

Short-Term Lease

A lease for 12 months or less (including expected renewals and extensions) that does not contain a purchase option that the lessee is expected to exercise.

Lease Liability

An obligation representing future lease payments owed by a lessee under the terms of a lease agreement.