Would You Expect to See Higher or Lower Growth Rates

question 37

Essay

Would you expect to see higher or lower growth rates for countries that start out with a relatively low level of real GDP per capita? Explain using the concept of "catch-up" and support your answer with a graph.

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Definitions:

Valuing Citizenship

Placing importance on the rights, responsibilities, and roles of individuals in a society or community.

Entrepreneurship

The activity of setting up a business or businesses, taking on financial risks in the hope of profit.

Culturally Competent

Having the capacity to understand, communicate with, and effectively interact with people across cultures.

Public Administrators

Individuals who manage public agencies or non-profit organizations, implementing policies and managing resources to serve the public.