globalization

| December 11, 2015

The capitalist world economy is what Wallerstein (1974) would call a ‘world system’. This term refers to:
a) a means of transporting money between different areas of a country
b) an empire with a bureaucratic administration but no political centre
c) an awareness of risks and dangers that affect the environment as a whole
d) a unit with a division of labour that extends across ethnic and cultural groups

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globalization

Category: Sociology

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