Other things equal, relatively poor countries tend to grow _______ than relatively rich countries and this is known as _______.

Name: Other things equal, relatively poor countries tend to grow _______ than relatively rich countries and this is known as _______.
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Question

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Relatively poor countries tend to grow more quickly than rich countries due to the convergence theory, which suggests that poorer economies will catch up to richer ones as they adopt existing technologies and practices.

Other Things Equal, Relatively Poor Countries Tend to Grow _______