Problem
A. According to Wallerstein, why did Europe move towards a capitalistic world economy?
B. Describe the world system.
C. How did Wallerstein divide up the world, geographically speaking?
D. According to his theory, Wallerstein proposes that the World System of trade began in Europe. How does this explain Europe's role in the past and present via colonization and today's post-colonial world trade?
E. What is imperialism? How does it tie into the world system?