👉 A widegap in economics refers to a gap between two economic systems, typically between developed countries and developing countries. This gap is often used as a measure of the potential for development cooperation between these two regions, with developed nations providing resources and technology to developing nations while also offering them support and opportunities for growth. The term "widegap" can also refer to the wide range of economic conditions that exist in different parts of the world, including political instability, natural disasters, and economic challenges. This could
