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:

Reluctance

The feeling of hesitancy or unwillingness to do something.

Disapproval

The act of expressing an unfavorable opinion about something or someone, often leading to social or personal consequences.

Longitudinal Study

A study that collects data on the same people at more than one time.

Termites

Insects that are part of the order Blattodea, known for their wood-eating habits, which can lead to significant damage to wooden structures and trees.