Economy, asked by Tkgmailcom1029, 1 year ago

What are the factor contributing to development of economi c growth?

Answers

Answered by Pramodkumarhani
1

✔✔ Hello mate ✔✔

here's your answer

Improvements and increased investment in physical capital - such as roadways, machinery and factories - will reduce the cost and increase the efficiency of economic output. Factories and equipment that are modern and well-maintained are more productive than physical labor. Higher productivity leads to increased output.

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Hope it helps you


Answered by rmzmaqbool
0

the  various Factors playing vital role in economic growth of a country are.

1.Human resources

2.Natural resources

3.Capital formation

4.technology and development

5.Govt.expenditures

6.social and public factors

7.Efficient use of resources.


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