Final answer:
Convergence in data communication means integrating different types of media like voice, video, and data for effective decision making, crucial for various digital services in the modern economy.
Step-by-step explanation:
In data communication, convergence refers to integrating voice, video, and data so that multimedia information can be used for decision making. This integration is essential in the modern information economy where a wide range of products and services, such as computer software, financial advice, and entertainment, can be delivered digitally. Advances in telecommunications have greatly facilitated the management of long-distance economic activities by enabling the transfer of various forms of information over networks, highlighting the importance of digital communication in both personal and professional settings.