Today in class, we were introduced to the world-systems theory. This theory was developed by Immanuel Wallerstein. Mr. Paterson showed us a graph with Kondratiev waves, when the graph goes up the monopoly of the technology and when it goes down the monopoly ends. This suggests that the world is divided into 3 countries, ①core countries, ②semi-periphery countries, and ③periphery countries. It argues that technology gets passed down through generations; rich countries get to use the new high-tech stuff first and when they are done with it, the poorer countries get to use it, when it's not high-tech anymore. The richer countries don't like it when other countries infringe on their monopoly and they try to come into the "core countries". They don't like sharing so it's very rare for semi-periphery countries to bump up to the core countries. One example was when the US was developing rapidly and becoming a bigger country, Britain, France, and Spain fought in th...