mention various factors that determine the development of country​

2 thoughts on “mention various factors that determine the development of country​”

1. Answer:

   (i) Supply of Natural Resources;

   (ii) Capital form action which depends upon the rate of domestic saving and investment and inflow of foreign capital;

   (iii) Growth of population;

   (iv) Technological Progress;

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2. Factors that influence the Economic Development of a Country:

   • Capital Formation
   • Natural Resources
   • Marketeble Surplus of Agriculture
   • Conditions in Foreign Trade
   • Economic System
   • Human Resources
   • Technical Know – How and General Education
   • Political Freedom

   Hope it helps you!

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