People
This man is considered the Father of the World Systems Theory.
Who is Immanuel Wallerstein?
These are two of the positive contributions mentioned.
What are Uneven Development and Global Inequality, Historical Cycles and Systemic Crises, Historical Continuity of Capitalism and Globalization, and Holistic Framework for Historical Processes?
The groundwork for the world systems theory arose in this century
what is the 20th century
The world systems theory
What is a theory is about historical development, economics, global power, and social structure.
This book is considered Christopher Chase-Dunn's most influential work.
What is "Global Formation: Structures of the World Economy"
These allowed for the shift in power from British to American global dominance.
What are crises?
This is the structure of World Systems Theory from strongest to weakest.
What is Core, Periphery, Semi-Periphery?
These are types of quantitative data used
What are GDP, trade balances, and labor migration?
Wallerstein defines these 4 temporal features
What are Cyclical Rhythms, Secular Trends, Contradiction, Crisis
This concept allows for the broader historical lens to create a greater understanding of global capital
What is the argument that the capitalist world was developed in the 16th century?
WST uses this type of approach.
What is a macro-historical approach?
The Idea to examine extended time periods and draw conclusions from historical patterns
what is Longue durée(or long duration)
This man wrote "Global Formation: Structures of the World Economy"
Who is Christopher Chase-Dunn?
The theory's ability to explain long-term historical processes.
What is by offering a structured framework for analyzing how economic systems, political structures, and social hierarchies are connected?
This area produces high profit consumption goods.
What is Core Areas?
This is the definition of Hegemony
What is leadership or dominance, especially by one country or social group over others.
This quote belongs to the idea from Fernand Braudel. "The world economy is a piece of the economically autonomous planet, essentially capable of being self-sufficient and to which its connections and internal exchanges give a certain organic unity.”
What is économie-monde
The conclusion to the World Systems Theory perspective.
What is the economic marginalization of certain regions is not an accident, but a result of their roles in the global division of labor.
Dependency theory argued
That the global economic system was structured in a way that kept peripheral countries dependent on core
The production of this product beginnings with the exploitation farmers and children in places like the Ghana. Then, this product is transferred to a core areas like the United States where 3,306,934 tons are consumed each year.
What is the production of Chocolate?