What is economic development? On what factors does the economic development of a country depends?
Answers
Answered by
1
Explanation:
Economic and social development, as a public sector term, is the process by which the economic well-being and quality of life of a nation, region or local community are improved according to targeted goals and objectives.
Answered by
0
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.
Similar questions