Factors of Economic Development
4 Questions
1 Views

Factors of Economic Development

Created by
@HardyEuclid

Podcast Beta

Play an AI-generated podcast conversation about this lesson

Questions and Answers

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?

  • 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?

  • 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?

    <p>It is the most important in the economic development and beneficially received by human</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Browser