Why Is iPhone So Expensive? | World Systems Theory Explained | CUET PG 2027 Sociology Prep

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📞 Confused About Starting CUET PG Prep? Talk to Our Expert Now: 9667589247 Why is the iPhone so expensive in some countries? In this video, we use Apple and the global technology economy to understand Immanuel Wallerstein’s World Systems Theory in a simple and relatable way. Learn how the world economy is divided into Core, Semi-Periphery and Periphery countries, and how resources, manufacturing, labour, technology and profits move between them. In this video, you will learn: ✅ Immanuel Wallerstein’s World Systems Theory ✅ Core, Semi-Periphery & Periphery Countries ✅ Global Division of Labour ✅ Resource Extraction & Manufacturing ✅ Apple and the Global Economy ✅ How Value is Created in Global Markets ✅ Labour Exploitation & Economic Inequality ✅ India’s Position in the World System ✅ Real-world examples to understand Sociology concepts This video is especially useful for CUET PG Sociology preparation, revision and understanding important sociological theories through current and r

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