ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Semi-peripheral countries (e.g., South Korea, Taiwan, Mexico, Brazil, India, Nigeria, South Africa) are less developed than core nations but more developed than peripheral nations.

Detailed explanation-2: -Semi-peripheral countries contribute to the manufacturing and exportation of a variety of goods. They are marked by above average land mass, as exemplified by Argentina, China, India, Brazil, Mexico, Indonesia, and Iran.

Detailed explanation-3: -At the beginning of the 19th century, Asia and Africa were considered periphery and their lack of development enabled the United States and Germany to remain successful core nations. Although periphery nations are exploited by core countries, there is a purpose to the unequal exchanges of goods.

Detailed explanation-4: -Peripheries include countries in Latin America, Africa, Asia and the former Soviet Union (such as my homeland, Poland). People inhabiting peripheral countries often take their peripherality as a sign of bad luck.