Question

.What are the three determinants of economic development?

Answer 1

Answer:

Humans resources, Natural resources and Technology are the three determinants that developed the economic growth.

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Answer 2

Answer:

Some features of economic development are as follows:

- Economic development leads to better facilities, increase in per capita income and high economic growth.

- The economy can be transformed from agrarian to industrial.

- It also tends to more technology revolution that can ultimately increase the level of production.

- Overall development of a country can be increased.