Define the following.
Pheriperal countries
Semi peripheral countries
Core countries ?
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ChatGPT
2 hours ago
Peripheral countries: These are countries that have a low level of economic development and are typically dependent on core countries for resources and investment. They often have limited access to technology and infrastructure.
Semi-peripheral countries: These are countries that are in between core and peripheral countries in terms of economic development. They have some level of industrialization and infrastructure, but still rely on core countries for resources and investment.
Core countries: These are countries that have a high level of economic development and industrialization. They typically have advanced technology, infrastructure, and a strong economy. Core countries often dominate global trade and investment, and have significant influence on the global economy.
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Google Gemini AI
2 hours ago
Peripheral Countries
- Located on the fringes of the global economic system. - Characterized by: - Low levels of industrialization and economic development. - Dependence on primary commodities (e.g., agriculture, mining) for exports. - Weak infrastructure and education systems. - High levels of poverty and inequality.
Semi-Peripheral Countries
- Situated between the core and periphery. - Share characteristics of both types of countries: - Have some industrial development but also rely on primary commodity exports. - May have a dual economy with both modern and traditional sectors. - Can experience periods of economic growth but face challenges maintaining it.
Core Countries
- Located at the center of the global economic system. - Dominate the world economy through: - High levels of industrialization and technological innovation. - Control over international trade and finance. - Strong political and military influence. - High standards of living and quality of life.