Question

list of factor on which economic development depend according to class 10 civics cbse​

Answer 1

Answer:

hope it help you

Explanation:

A country’s economic development depends on the following factors:

Country’s population, size

Its global situation

Cooperation from other countries

Economic priorities adopted by the country

However, the difference in the rates of economic development between less developed countries

with dictatorship and democracies is negligible.

Answer 2

The economic development is dependent on the following factors -

• Population : The large amount of population is also a valid reason for the establishment of a great amount of economic development to increase the income per capita for higher population of a nation.

• Marketing strategies : The economic development is completely dependent on the activities of the trading market. So, the marketing strategies do impact on the development of a nation's economy.

• Investment : The economy will become inactive if there zero investment. So,an adequate amount of investment is also needed to achieve a greater development in the nation's economy.