Sociology / Unit 9 Soc 1536 short lesson, about 20 seconds
Convergence Theory
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The idea
Convergence theory holds that societies grow more similar over time as their economies develop, adopting similar labor markets and public services.
In practice
Countries that rebuilt after major wartime destruction later developed labor markets and government services resembling those of other industrialized nations.
Where people slip
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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