Question

discuss the important factors of economic development of the country?​

Answer 1

Explanation:

• Factors that Influence the Economic Development of a Country
• 1) Capital Formation:
• 2) Natural Resources:
• 3) Marketable Surplus of Agriculture:
• 4) Conditions in Foreign Trade:
• 5) Economic System:
• 1) Human Resources:
• 2) Technical Know-How and General Education:
• 3) Political Freedom:

Answer 2

Answer:

Important economic factors include:

• Natural resources.
• Power and energy resources.
• Capital accumulation.
• Technological resources.
• Available labor force.
• Transportation and communications.
• Education and training.

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