Question

list out the factors essential for rapid development in a country.

Answer 1

1. Health facilities in rural areas may play a key role in development of country

2. Natural Resources ( discovery of natural resources such as oil)

3. Good infrastructure

4. Technology in the country should be in advance

5. Human capital & physical capital may also develop the growth .

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Answer 2

Answer:

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.