write two factors which will lead to India's economic development
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Answer:
. Economic Factors:
Population and Manpower Resources: ...
Natural Resources and Its Utilization: ...
Capital Formation and Capital Accumulation: ...
Capital-Output Ratio: ...
Favourable Investment Pattern: ...
Occupational Structure: ...
Extent of the Market: ...
Technological Advancement:
Explanation:
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Two factors that could lead to India’s economic development are better infrastructure and better healthcare facilities.
Explanation:
- Indian economic development is heavily affected due to the lack of proper infrastructure and the bad health conditions of human resources.
- Therefore, the most important step towards Indian economic development is improving the infrastructure in various fields.
- Moreover, better healthcare services should be provided so that the workers are not only achieving their objectives but are also producing good quality of products and services.
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