What Factors Affect Development Of A Country? - Fixanswer

Things like

lack of drive of social motivation for betterment

, unproductive social functions such as war or having very large family sizes, negative social cultures such as gambling and drinking, and lack of skills due to poor training and education are some of these factors.

What are the factors affecting development?

Heredity. Heredity is the transmission of physical characteristics from parents to children through their genes. …
Environment. …
Sex. …
Exercise and Health. …
Hormones. …
Nutrition. …
Familial Influence. …
Geographical Influences.

What are the factors affecting the economy of a country?

#1- Interest Rate. Interest Rate is a major factor affects the liquidity of cash in the economy. …
#2 – Exchange Rate. …
#3 -Tax Rate. …
#4 – Inflation. …
#5 – Labor. …
#6 – Demand / Supply. …
#7 – Wages. …
#8 – Law and Policies.

What are the factors affecting development of India?

This economic environment is influenced by the economic factors like—

population and manpower resources, natural resources and its utilization, capital formation and accumulation, capital output ratio, occupational structure, external resources

, extent of the market, investing pattern, technological advancement, …

What are five factors that affect your development?

Heredity. Heredity is the transmission of physical characteristics from parents to children through their genes.
Environment.
Sex.
Exercise and Health.
Hormones.
Nutrition.
Familial Influence.
Geographical Influences.

What are 3 factors that influence brain development?

Proper nutrition starting in pregnancy.
Exposure to toxins or infections.
The child's experiences with other people and the world.

Which factor is important for development of one's personality?

To shape a one's personality,

the environment

plays an important role. Apart from that, genetics, and life experiences also play an important role say for instance parents, teachers, and friends influence the development of a person right from tender age.

What are the 4 factors that influence economic growth?

Economic growth only comes from increasing the quality and quantity of the factors of production, which consist of four broad types:

land, labor, capital, and entrepreneurship

.

What can stop a country from developing?

Poor infrastructure.
Human capital inadequacies.
Primary product dependency.
Declining terms of trade.
Savings gap; inadequate capital accumulation.
Foreign currency gap and capital flight.
Corruption, poor governance, impact of civil war.
Population issues.

What are the 5 environmental factors?

Environmental factors include

temperature, food, pollutants, population density, sound, light, and parasites

.

What are the factors hindering economic development?

The paper finds that

public borrowing, trade deficit, military expenditures, population, political instability, corruption, the high dependency on natural resources

and the low level of technological innovation, all hinder GDP in the long run.

What are the characteristics of developing countries?

Low Per Capita Real Income. Low per capita real income is one of the most defining characteristics of developing economies. …
High Population Growth Rate. …
High Rates of Unemployment. …
Dependence on Primary Sector. …
Dependence on Exports of Primary Commodities.

What are the factors that affect Indian economy?

The pandemic. …
Consumer demand. …
Investment. …
Fiscal deficit. …
Inflation.

What are the social factors that affect the development?

Social and economic factors, such as

income, education, employment, community safety, and social supports

can significantly affect how well and how long we live. These factors affect our ability to make healthy choices, afford medical care and housing, manage stress, and more.

Which are the important factors which determine long run development?

There are three main factors that drive economic growth:

Accumulation of capital stock

.

Increases in labor inputs, such

as workers or hours worked. Technological advancement.