The lower-income industrial countries are catching up to the higher-income industrial countries in terms of economic growth.

Question

Quizplus · Accepted Answer

This is true as many developing countries, especially in Asia and Africa, have experienced significant economic growth and development in recent years. This is often driven by factors such as globalization, foreign investment, and improvements in infrastructure and education. While there are still significant disparities in wealth and income between the highest- and lowest-income countries, the gap is narrowing.

The Lower-Income Industrial Countries Are Catching Up to the Higher-Income