A wide variety of factors affect economic and non economic industrialization. The culture of the people, the social climate, and the political motives of the nation all affect industrialization.
examples of non economic factors
Economic factors affect industrialization as production input resources of capital,labour,interprise and land,however non economic factors of social and political intervention to direct the choices of consumption in production of goods and services,allocation of resources as a tool of capitalist hegemony in the doctrine of general equilibrium. It assumes that the normal condition of society is for the state to play as little a role in economic life as possible, because the market is part of human nature and the most efficient form of economic organization. The theory, therefore, has a role in legitimizing capitalist hegemony. The socialist economy in industrialization stresses on planning in allocation of resources for production of goods & services for the welfare & well being of the people.
Some economic factors excluded from GDP calculation include non-market transactions, underground economy activities, and environmental impacts.
What is the difference between economic and non economic activities.?
Economic factors are all the units required in the economic activity of production of goods and services with the effective and efficient utility of resources and fulfill the consumption demand in any market and national economy. Non economic factors are the social and political environment that may not directly effect the level of national income and output. Economics is the interaction of the functions of demand and supply on the market for the prudent usage of scarce resources in order to arrive at a balanced curve while non-economics factors are factors that are used as substitutes to the players in the clear field of economics in order to allow the market play without interruption by switching to substitutes when the side of the players becomes high
examples of non economic factors
Economic factors affect industrialization as production input resources of capital,labour,interprise and land,however non economic factors of social and political intervention to direct the choices of consumption in production of goods and services,allocation of resources as a tool of capitalist hegemony in the doctrine of general equilibrium. It assumes that the normal condition of society is for the state to play as little a role in economic life as possible, because the market is part of human nature and the most efficient form of economic organization. The theory, therefore, has a role in legitimizing capitalist hegemony. The socialist economy in industrialization stresses on planning in allocation of resources for production of goods & services for the welfare & well being of the people.
Non- economic factors that affact business environment are 1. Regulatory environment 2. Socio cultural environment 3. Demographic environment 4. Technological environment 5. Political environment
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Some economic factors excluded from GDP calculation include non-market transactions, underground economy activities, and environmental impacts.
Industrialization is to build up an area for progress sake.
Resolution, scaling, color depth, pixelation (if it is in a non-vector format) and format
The factors affecting the operating point of a system include the input signal level, the system's gain or amplification factor, the system's biasing conditions, and any non-linearities in the system's components. These factors collectively determine the output behavior of the system at a specific operating point.
The factors that contribute to the completion of social mobilization are i) Government ii) Bureaucracy iii) Non-governmental organizations (NGO's) iv) Media v) Public
The expanding market economy, whereby unappreciated labor, ready-made products, non mechanized factories, and prison labor all did compete with the handicraft industry.
What is the difference between economic and non economic activities.?
Economic factors are all the units required in the economic activity of production of goods and services with the effective and efficient utility of resources and fulfill the consumption demand in any market and national economy. Non economic factors are the social and political environment that may not directly effect the level of national income and output. Economics is the interaction of the functions of demand and supply on the market for the prudent usage of scarce resources in order to arrive at a balanced curve while non-economics factors are factors that are used as substitutes to the players in the clear field of economics in order to allow the market play without interruption by switching to substitutes when the side of the players becomes high