The World-Systems Theory Focuses on the Fact That Many Countries

question 60

True/False

The world-systems theory focuses on the fact that many countries are dependent upon the United States for basic supplies such as food and clothing, as well as financial support, whereas the United States exploits these countries for cheap labor.

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Definitions:

Subsidiary Human Capital

The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country’s subsidiary entities.

International Human Capital

The skills, knowledge, and experience possessed by individuals on a global scale that can be leveraged by employers.

Transnational Companies

Businesses that operate across national borders, maintaining a central headquarters but distributing production and services in multiple countries.

Centralization

The organizational structure where decision-making authority is concentrated at the top levels of management.