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Questions and Answers
What is the role of natural resources in economic development?
What is the role of natural resources in economic development?
- They limit the country's progress
- They have no impact on the country's development
- They facilitate the country to develop itself (correct)
- They hinder the country's development
Why is capital considered an essential factor for economic development?
Why is capital considered an essential factor for economic development?
- It has no significant impact on a country's development
- It contributes to the efficient use of resources (correct)
- It restricts a country's economic growth
- It leads to a decrease in the country's advantages
What is the significance of technology in economic development?
What is the significance of technology in economic development?
- It limits the role in the development of the economy
- It affects the expansion of production and the gross national economy of a country (correct)
- It hinders the gross national economy of a country
- It has no impact on the expansion of production
Why is human capital considered important in economic development?
Why is human capital considered important in economic development?
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