Core peripheral countries is a term used in economics to describe the division of countries into two categories based on their level of economic development and integration into the global economy.
Core countries refer to the more advanced and developed nations that have strong economies, high levels of industrialization, and advanced technology. These countries typically have a high standard of living, well-developed infrastructure, and are major players in the global market. Some examples of core countries include the United States, Germany, and Japan.
Peripheral countries, on the other hand, refer to less developed nations that are often reliant on agriculture or the extraction of raw materials. These countries typically have lower levels of industrialization, limited access to modern technology, and lower standards of living. They may also be heavily indebted and economically dependent on core countries. Examples of peripheral countries include many countries in Africa and parts of Latin America.
The division of countries into core and peripheral categories is based on the notion of international economic inequality and the concept of world-system theory, which posits that the global economy is divided into a core-periphery structure. This division reflects the patterns of economic power and dominance in the global economy, with core countries benefiting from their economic strength and peripheral countries often being at a disadvantage.
Core peripheral countries
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