Question

On what factors economic growth of a country depend?

Answer 1

Answer:

$\underline{\huge{Answer:-}}$

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.

Answer 2

Answer:

Six Factors Of Economic Growth

Explanation:

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.