Answer:
A country's socioeconomic development depends not only on the size of its population, but on the quality of public, economic and social policies developed by a country's government.
There are a number of factors that contribute to the socioeconomic development of a country, it is necessary that economic resources are correctly allocated to the promotion of the country's economic activity, with incentives for entrepreneurship and investment in the country, in addition to social programs to support population that promote jobs, health, education and quality of life.