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
A main critical factor is the lack of cooperation bythe affluent.
The prime factors of socio-economic development include education, which enhances human capital and productivity; economic growth, driven by industrialization and innovation; and governance, which ensures stability and effective policy implementation. Additionally, access to healthcare is crucial for improving the quality of life and workforce participation. Infrastructure development, such as transportation and communication systems, also plays a vital role in facilitating economic activities and connectivity.
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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.
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.
Lawrence Margolis has written: 'Key factors for economic success in industrial nations' -- subject(s): Economic development, Economic policy
Economic factors that affect the Philippines' economic growth include inflation rates, exchange rates, fiscal policies, and infrastructure development. Political factors such as stable governance, corruption levels, and policy consistency also play a significant role in influencing the country's economic growth trajectory.
Some factors that can negatively affect the development of a country include political instability, corruption, inadequate infrastructure, lack of access to education and healthcare, natural disasters, poor governance, and economic inequality. These issues can hinder economic growth, social progress, and overall development of a country.