Business Studies, asked by seema56, 1 year ago

which of the following factors do not affect the net improvement in the or model?

Answers

Answered by Geekydude121
0
Economic growth is nothing but an increase in the total capacity of an economy in terms of production of goods within a particular time span. The most important factors that affect the improvement are as follows: 1. Human resource 2. Natural resource 3. Capital formation. 4. Technological development and 5. social and political factors.

The last point plays a very vital role affecting the economic growth. Like as we know there are various modern methods that can limit the growth but people with old ancient  superstitious beliefs won't accept the same which is a major drawback.
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