According to world-systems theory, the global economic system must be approached as a single ________ unit, not as a collection

Question

Norma-Jean [14]

3 years ago

11

According to world-systems theory, the global economic system must be approached as a single ________ unit, not as a collection

of independent, individual countries.
a.capitalist
b.socialist
c.communist
d.fascist

Business

1 answer:

n200080 [17] · Answer 1 · 2022-03-24T19:23:21+03:00

Answer: (A) Capitalist

Explanation:

The main importance of the capitalist system is that it is the private property and the control over the various types of factors such as competition, production and the capital accumulation.

The global economical system is basically approach the capitalist in the form of the single unit according to the theory of world system. The private ownership, free market and the capital concentration are some of the characteristics of the capitalist.

Therefore, Option (A) is correct.