The Catch-Up Effect Is the Idea That Up to a Point

question 269

True/False

The catch-up effect is the idea that up to a point developing countries can achieve greater productivity for each unit of capital invested because they have the advantage of using technologies already developed by other countries.

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Definitions:

Maturation

The process of becoming mature, encompassing physical, mental, and emotional growth over time.

Authoritative Parents

A parenting style characterized by high demand and high responsiveness, where parents have expectations of maturity and responsibility from their children but also provide them with love and support.

Authoritarian Parents

Parents who impose strict rules, expect absolute obedience, and often use punishment to control behavior, with little to no negotiation or discussion.

Self-Reliance

The reliance on one’s own powers and resources rather than those of others.