answersLogoWhite

0


Best Answer

Physical capital, human capital, natural capital & technological change.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar
More answers
User Avatar

AnswerBot

3d ago

The four factors of economic growth are Natural Resources, human capital (labor), physical capital (machinery, buildings), and technology. These factors work together to drive productivity, innovation, and overall economic expansion in a country.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the four factors of economic growth?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Sociology

What affects population growth?

Population growth is influenced by factors such as fertility rates, mortality rates, immigration, and emigration. High fertility rates and low mortality rates tend to lead to population growth, while high emigration rates can reduce it. Socioeconomic factors, government policies, access to healthcare, and cultural practices also play a role in shaping population growth.


What phrase describes the trend of urbanization?

The phrase "urbanization" describes the increasing concentration of people living in urban areas, often resulting in the growth and expansion of cities. This trend is driven by factors such as industrialization, economic opportunities, and population growth.


How has settlement growth changed in the last 55 years?

Settlement growth has accelerated in the last 55 years due to factors such as urbanization, population growth, and economic development. This has led to the expansion of cities and towns, as well as the development of new infrastructure and housing to accommodate the increasing population. However, this growth has also raised concerns about issues like overcrowding, environmental degradation, and social inequality.


What happened to the unemployment rate from 1990 to 1998?

The unemployment rate declined from 1990 to 1998. Factors like economic growth, job creation, and government policies can influence changes in the unemployment rate over time.


Most density-dependent factors that affect population growth are?

competition for resources, predation, disease, and parasitism. These factors tend to have a stronger effect on population growth as population density increases.

Related questions

What the the four factors of economic growth?

Physical capital, human capital, natural capital & technological change.


What are the factors affecting economic growth in the UK?

Economic growth is measured by an increase in the real Gross National Product of a country or its GDP. There are two types of economic growth, long run and short run economic growth. Short run economic growth is caused by an increase in the aggregate demand of an economy, otherwise referred to as AD. AD is made up of four factors, consumption, investment, government spending and the net worth of imports and exports. An increase in any of these factors can lead to an increase in real GDP. Long run economic growth is caused by an increase in the quality or quantity of the factors of production of the economy. These FOP's are land, labour, capital and enterprise. An increase in any of these factors will cause an increase in the potential output of an economy meaning it has the potential to produce more.


What are the factors that encourage the growth of slavery?

Social, Economic, Geographic


What are four things that can be looked at when promoting economic strength?

growth, stability, employment, economic citizenship


What are the four stages of the economic cycle and what do they entail?

recession decreasing growth economic general slowdown


Outcomes meets the economic goal of growth?

There are many outcomes that can meet economic growth goals. Some factors that could help meet economic goal growth would include more education, jobs, manufacturing, and industries.


Name are two factors that contributed to economic growth in the Zhou dynasty?

people


Which of these factors made the United States especially favorable for economic growth?

All of these


What are the factors that affect the economic growth?

Things that can affect economic growth include: interest rates, the political environment, weather and a host of other things. The Federal Reserve sets monetary policies to help combat these factors.


What are four obstacles to growth in developing nations?

Economic Growth, High Population, Poor Development, Corruption


Factors influencing economic growth?

That'll be any factors that influence the components of the Aggregate Demand (Consumption + Investment + Government spending + Net exports). Any factors that influence each and every component of AD will affect economic growth (through the multiplier process).


Explain growth of the global economy?

There are only three factors that constitute and contribute to economic growth: Labor, Capital, Technology.