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Convergence Theory
The hypothesis that poorer economies will tend to grow at faster rates than wealthier economies, leading to a convergence of income levels over time.
Developing Countries
Nations with lower levels of industrialization, lower standards of living, and lower Human Development Index ratings compared to developed countries.
Reliable Source
A credible or trustworthy origin of information or data, often used in research or decision-making.
Source of Electricity
Any process or system that produces electric power, including fossil fuels, nuclear power, and renewable sources like solar, wind, and hydroelectric power.
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