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Long gone are this country's days of being a manufacturing giant. Instead this country
primarily depends on the periphery to produce low cost goods and raw materials. Even still
this country maintains a highly developed manufacturing industry and they primarily focus
on producing technological advanced goods that they primarily sell to core countries like
nearby France and Germany. This country's GDP is in the top 10 highest in the world and
almost 80% of it is in the service sector.
What stage of Wallerstein is this country?

Sagot :

Baraqidn

Wallerstein proposes four stages of the growth of capitalist world system.

It is worthy of note that according to Wallerstein, capitalism existed from the middle of the 15th century.

Implications of the proposed stages

Consequently, Immanuel Wallerstein developed World Systems Theory and its four stage: core, periphery, and semi-periphery, external areas. Core countries are dominant capitalist countries that exploit peripheral countries for labor and raw materials.

Therefore, this country is in core stage.

learn more on Wallerstein's theory from here: https://brainly.com/question/1006626

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