"Catch-up growth" refers to a process where relatively poorer nations increase their incomes by ________.

Name: "Catch-up growth" refers to a process where relatively poorer nations increase their incomes by ________.
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Catch-up growth refers to the process by which relatively poorer nations increase their incomes by using technologies from more advanced nations. These technologies allow for increased productivity and efficiency, which in turn leads to higher incomes and economic growth.

"Catch-Up Growth" Refers to a Process Where Relatively Poorer Nations