Economy, asked by mukul5518, 11 months ago

Explain factors that are obstacles to economic developement

Answers

Answered by PiyushSinghRajput1

1

Six Factors That Affect Economic Growth

Natural Resources. The discovery of more natural resources like oil, or mineral deposits may boost economic growth as this shifts or increases the country's Production Possibility Curve. ...

Physical Capital or Infrastructure. ...

Population or Labor. ...

Human Capital. ...

Technology. ...

Law.

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