what are the main factors that affect the development of a nation
Answers
Capital Formation:
2) Natural Resources:
3) Marketable Surplus of Agriculture:
4) Conditions in Foreign Trade:
5) Economic System:
1) Human Resources:
2) Technical Know-How and General Education:
3) Political Freedom:
There are many social factors that can affect the level of development of a place. Things like lack of drive of social motivation for betterment, unproductive social functions such as war or having very large family sizes, negative social cultures such as gambling and drinking, and lack of skills due to poor training and education are some of these factors. Education is particularly important, as many countries cannot afford to send all children to school even at a basic level. UNICEF claim that in 2006 93 million children of primary school age were not in school1. Climate related disease – many tropical countries unfortunately suffer from diseases that thrive in hot humid conditions, such as Dengue Fever, Chagas Disease and Malaria. People who get these diseases are incapacitated and cannot work or may even die, limiting development.
2. A lack of natural resources – countries with few natural resources start off at a very low economic base and find it hard to create products that can sell on world markets.
3. Natural resource curse theory – this is a theory that states if a country has one very valuable resource all efforts of the country are put into the exploitation of that resource. That limits the POTENTIAL development of other industries and if the resource is in the hands of a minority unscrupulous ruling elite, the profits are not shared well amongst people in the country.
4. Being landlocked with bad neighbours – although this has a political element to it, countries that have no access to the sea are at the mercy of their neighbours. If they are “bad neighbours” who expect huge payments or have regular conflict, this can severely limit development.
5. Climatic hazards such as hurricanes and drought are more likely to strike some countries than others. For fragile countries a drought could have a devastating impact on development. The 2011 to 2012 Horn of Africa famine that affected Ethiopia, Eritrea, Kenya and Somalia had a long term impact. As well as killing and weakening people from hunger and thirst, many of these countries had to deal with a refugee crisis, diverting valuable resources away from other development objectives
Capital Formation:
2) Natural Resources:
3) Marketable Surplus of Agriculture:
4) Conditions in Foreign Trade:
5) Economic System:
1) Human Resources:
2) Technical Know-How and General Education:
3) Political Freedom:
There are many social factors that can affect the level of development of a place. Things like lack of drive of social motivation for betterment, unproductive social functions such as war or having very large family sizes, negative social cultures such as gambling and drinking, and lack of skills due to poor training and education are some of these factors. Education is particularly important, as many countries cannot afford to send all children to school even at a basic level. UNICEF claim that in 2006 93 million children of primary school age were not in school1. Climate related disease – many tropical countries unfortunately suffer from diseases that thrive in hot humid conditions, such as Dengue Fever, Chagas Disease and Malaria. People who get these diseases are incapacitated and cannot work or may even die, limiting development.
2. A lack of natural resources – countries with few natural resources start off at a very low economic base and find it hard to create products that can sell on world markets.
3. Natural resource curse theory – this is a theory that states if a country has one very valuable resource all efforts of the country are put into the exploitation of that resource. That limits the POTENTIAL development of other industries and if the resource is in the hands of a minority unscrupulous ruling elite, the profits are not shared well amongst people in the country.
4. Being landlocked with bad neighbours – although this has a political element to it, countries that have no access to the sea are at the mercy of their neighbours. If they are “bad neighbours” who expect huge payments or have regular conflict, this can severely limit development.
5. Climatic hazards such as hurricanes and drought are more likely to strike some countries than others. For fragile countries a drought could have a devastating impact on development. The 2011 to 2012 Horn of Africa famine that affected Ethiopia, Eritrea, Kenya and Somalia had a long term impact. As well as killing and weakening people from hunger and thirst, many of these countries had to deal with a refugee crisis, diverting valuable resources away from other development objectives