The growth process whereby relatively poorer nations increase their income by taking advantage of knowledge and technologies already invented in other,technologically more advanced countries is known as ________ growth.

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Catch-up growth refers to the process by which poorer countries increase their income by adopting technologies and knowledge that are already established in more advanced countries. This enables them to catch up to the technological and economic progress made by the leading countries over time. Transfer growth would refer to the transfer of resources from one sector to another, and trade-based growth would focus more on trade relations and agreements between countries. Innovative growth would focus on new technologies and inventions being developed internally within a country rather than adopting existing technologies from other countries.

The Growth Process Whereby Relatively Poorer Nations Increase Their Income