Exam 14: The World System and Colonialism

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According to Karl Marx, classes are

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Weber argued that the only true capitalists were Protestants, and people who believed in any other faith could never fully mature as capitalists.

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What term refers to wealth or resources invested in business with the intent of producing a profit?

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Based on the way the text defines imperialism and colonialism, do you think that they describe phenomena of the past? These terms have been used recently to describe current international affairs. Find an example of this, and compare the use of the term to its definition in the text.

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Life in nations in the periphery is characterized by high percentages of poverty and frequent food shortages brought on by a high level of stratification between a small number of large landowners and landless workers.

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