On what basis the economic developments of a country depend?
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Generally, the economic growth of a country is adversely affected when there is a sharp rise in the prices of goods and services. Following are some of the important factors that affect the economic growth of a country: (a) Human Resource: Refers to one of the most important determinant of economic growth of a country.
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the economic development of a country depends on sectors called primary sector, secondary sector and tertiary sector or agricultural sector, industrial sector and economic sector respectively.
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