Semiperipheral countries. they have traditional values and institutions.
<h3>What is Semi-periphery countries?</h3>
- According to world-systems theory, the industrialising, primarily capitalist countries that are situated halfway between the periphery and the core countries are the semi-periphery countries, also known as merely the semi-periphery.
- Semi-periphery countries are frequently situated physically between core and peripheral regions as well as between two or more competing core regions.
- They have organisational traits with both core countries and periphery countries.
<h3>What do you mean by semi-peripheral regions?</h3>
- Semi-peripheral areas in world systems theory are those that are situated halfway between the core and the peripheral.
- The organisational structure of these nations or areas is made up of both core and peripheral nations, and they are frequently situated geographically between two or more core nations.
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Answer:
the Revenue and Taxation pathway
Explanation:
100% on the test
Answer:
The externality that affected me was the U.S. recession of 2018.
Explanation:
The externality is the term that refers to a variation in a outside factor that end up affecting persons involve in a business that is not related directly to the outside factor that changed.
1. The 2008 recession made harder for me to get a job in the restaurant sector even though the prices of the restaurants and hotels continued to be the same, many person have to cut their expenditure in tourism as the recession significantly impacted the financial institutions and many persons were laid off from their jobs which decreased consumption.
2. The effects of the recession were: increase in the unemployment, decrease in the consumption, increase in foreclosures.
3. I experienced decrease in my quality of life as it was harder for me to keep a job for a long time. Most of jobs were part time therefore it was a time where I have to live on my savings.
4. Pollution is best reduced if companies take conscience of the fact that they have a greater impact on the environment than individuals. This will lead to better business practices in the manage of residuals and raw materials.
5. A positive externality can create a bubble in the prices and overestimate the actual value of an asset e.g. cryptocurrencies bubble was a positive effect for some investor that really knew the value of this securities but in the long run it created a bubble and people that did not know about cryptocurrencies invested and lost most of their money.
