What are the various obstacles for the development works ? Discuss and make a list
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Answer:
;Some important social and political hurdles include: large growing populations, gender inequality and corrupt and inefficient governments. Economic and financial hurdles include: a lack of capital investment, a crushing level of debt, poor terms of trade and inadequate technology.
b;he economic problem – sometimes called the basic or central economic problem – asserts that an economy's finite resources are insufficient to satisfy all human wants and needs. Economics involves the study of how to allocate resources in conditions of ... Resources are scarce and it is important to use them as efficiently as possible.
d;he increase in financial activities plays an effective role in the economic development of a country. Market Expansion: ... The development of transport and communication helps to expand market because transport and communication facilities help to transport goods and services from one place to another.
Explanation: