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Sagot :
Wallerstein proposes four stages of the growth of capitalist world system.
It is worthy of note that according to Wallerstein, capitalism existed from the middle of the 15th century.
Implications of the proposed stages
Consequently, Immanuel Wallerstein developed World Systems Theory and its four stage: core, periphery, and semi-periphery, external areas. Core countries are dominant capitalist countries that exploit peripheral countries for labor and raw materials.
Therefore, this country is in core stage.
learn more on Wallerstein's theory from here: https://brainly.com/question/1006626
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