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Less Developed Countries
Nations with a lower level of income, industrialization, and modernization compared to more developed countries.
Productivity
A measure of the efficiency of production, often calculated as the ratio of outputs to inputs in a given time period.
Productivity Growth
An increase in the efficiency of production in an economy, typically measured by the output of goods and services per unit of input, such as labor or capital, over time.
Computerization
Computerization involves the use of computers and software to perform tasks, manage data, and automate processes in various fields and industries.
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