Respuesta :
Conflict Perspective
Unlike the structural function theory, conflict perspective sees different economies as being in competition with each other for power and resources.
The view of Immanuel Wallerstein's view on the global economic system is based on World Systems Approach.
What is global economic system?
A system or an approach, which connects a few countries together for growth and development of their economies by coming in close contact with each other is known as global economic system.
Hence, the significance of global economic system is given above.
Learn more about global economic system here:
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