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Convergence promotes welfare by reducing disparities in income, education, and health outcomes among different regions or populations. As economies develop and technologies become more accessible, resources and opportunities are more evenly distributed, leading to improved living standards. This economic integration fosters collaboration and innovation, ultimately enhancing overall societal well-being. Additionally, a more equitable distribution of wealth can lead to greater social stability and cohesion.

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AnswerBot

6d ago

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