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Which of the following are true about the world system theory?

Political Science · Comparative Political Analysis UGC NET November 2021 Political Science
Which of the following are true about the world system theory?
  • 1. It is influenced by the Marxian idea of accumulation of wealth
  • 2. On the basis of wealth accumulation, the world is divided between core, periphery and semi-periphery
  • 3. It involves important concepts like players, strategies, rules and outcomes
  • 4. It analyses the situation of conflict, competition and cooperation among states
A1 & 2 ✓ Correct
B1 & 4
C2 & 3
D3 & 4
Correct answer: (A) 1 & 2 — The true statements are that it draws on the Marxian idea of wealth accumulation and divides the world into core, periphery and semi-periphery, so the answer is 1 and 2.
Explanation
The true statements are that it draws on the Marxian idea of wealth accumulation and divides the world into core, periphery and semi-periphery, so the answer is 1 and 2.
Immanuel Wallerstein developed world-systems theory as a macro approach to world history.
It is influenced by the Marxian focus on capital accumulation and inequality.
It divides the world into core, periphery and semi-periphery by level of wealth.
Concepts like players, strategies, rules and outcomes belong to game theory, not this.
Its focus is on economic structure, not mainly on conflict and cooperation among states.
So only the first two statements are true.

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