Final answer:
An economic continuum categorizes countries based on their economic freedom levels, impacting factors like per capita income.
Explanation:
An economic continuum is a spectrum that categorizes countries based on their degree of economic freedom, ranging from 'free' to 'repressed.' This continuum is used to explain a country's economic freedom by showing how it correlates with factors like per capita income. Countries with higher economic freedom tend to have higher per capita incomes, as shown in various reports and rankings by organizations like the Heritage Foundation and The Wall Street Journal.
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