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Sociology  /  Soc 1536  ·  Atom · ~20 seconds

Convergence Theory

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Convergence theory holds that societies grow more similar over time as their economies develop, adopting similar labor markets and public services.

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Countries that rebuilt after major wartime destruction later developed labor markets and government services resembling those of other industrialized nations.

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Convergence is an observed pattern, not a guaranteed outcome; some developing economies diverge, lacking the capital or markets to catch up.

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