population growth, Natural Resources and geography, education and technology, religion, external debt, capital flight, corruption, and war and its aftermath.
economic obstacles Social and cultural obstacles political obstacles ECONOMIC OBSTACLES 1: lack of capital 2: use of backward technology 3: heavy debt burden 4: banking and financial crises 5: international crises 6: market imperfection
Economic Growth, High Population, Poor Development, Corruption
The factors that affects economic development are 1. Unemployment. 2. Youth restiveness. 3. Government Policy. 4. Income level. 5. Population. 6. Other economic activities.
Ecomic bad may be defined as the factors which affect the development of economic activities.
Geographers use general measures of development to analyze this progress
economic obstacles Social and cultural obstacles political obstacles ECONOMIC OBSTACLES 1: lack of capital 2: use of backward technology 3: heavy debt burden 4: banking and financial crises 5: international crises 6: market imperfection
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Economic Growth, High Population, Poor Development, Corruption
critical components that affect development
The factors that affects economic development are 1. Unemployment. 2. Youth restiveness. 3. Government Policy. 4. Income level. 5. Population. 6. Other economic activities.
Ecomic bad may be defined as the factors which affect the development of economic activities.
Factors that affect human development are: biological, environmental (socio-economic status), and psychological.
Developing nations face obstacles such as lack of infrastructure, limited access to quality education and healthcare, political instability, corruption, poverty, and environmental challenges. These obstacles can hinder economic growth and development in these countries.
He studied the effects of economic fluctuations of the limiting factors of coal production on economic development.
Economic development focuses on increasing the standard of living and economic output of a country, usually measured by factors like GDP and income levels. Social development, on the other hand, is about improving the well-being and quality of life of individuals, encompassing factors like education, healthcare, and social protection. Both economic and social development are interconnected and important for overall societal progress and advancement.
Geographers use general measures of development to analyze this progress
A main critical factor is the lack of cooperation bythe affluent.