Social Sciences, asked by saraosaab911, 5 months ago

explain the factors which affect the economic growth of a country

Answers

Answered by ap5495989

0

Answer:

Economists generally agree that economic development and growth are influenced by four factors: human resources, physical capital, natural resources and technology. Highly developed countries have governments that focus on these areas.

Answered by Aditypandey777

0

Six Factors Of 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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