Business Studies, asked by gaurish27pal, 2 months ago

what factors influence the ecnomic condition of the nation​

Answers

Answered by ITzCrazyBoy95
1

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.

Answered by ItsJeonJungkookARMY
15

Answer:

Six Factors Of Economic Growth

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.

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