Immanuel Wallerstein argues:

Correct answer: D. All of the above

  • A. There are two types of world systems: world-empires and world-economies
  • B. The modern world system is a world economy
  • C. The world system has a core, semi-periphery and periphery
  • D. All of the above

Explanation

Wallerstein distinguishes world-empires from world-economies and describes the modern capitalist world-economy through core, semi-peripheral, and peripheral zones. Since all three statements reflect his world-systems theory, option d follows.

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