Match the convergence reason with its respective example. Converging economies have a playbook created from other countries around the world. 3 v 1 2 Economically-developed countries currently have an abundance of capital. Converging economies can take shortcuts by skipping old, unproductive techniques for new methods. 1. Diminishing marginal returns 2. Easier to improve tehnologies Learn from recent success strategies 3.
Match the convergence reason with its respective example. Converging economies have a playbook created from other countries around the world. 3 v 1 2 Economically-developed countries currently have an abundance of capital. Converging economies can take shortcuts by skipping old, unproductive techniques for new methods. 1. Diminishing marginal returns 2. Easier to improve tehnologies Learn from recent success strategies 3.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Match the convergence reason with its respective example.
Converging economies
have a playbook created
from other countries
around the world.
3 ✓
1
2
Economically-developed
countries currently have an
abundance of capital.
Converging economies can
take shortcuts by skipping
old, unproductive
techniques for new
methods.
1. Diminishing marginal returns
2. Easier to improve tehnologies
Learn from recent success
strategies
3.
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