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Preferred term

world systems theory  

Definition

  • World-systems analysis, previously known as world-system theory, is a broad approach to the interactions and interrelations among various societies. It was first developed by sociologist Immanuel Wallerstein in an attempt to explain why some countries developed and others either did not or did so much more slowly. [Source: Encyclopedia of Consumer Culture; World-Systems Analysis]

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https://concepts.sagepub.com/social-science/concept/world_systems_theory

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