Question

Which of the following factors all negatively affects economic growth?

a

Geography, high education and mixed economy
b

Poor climate, lack of natural resources and a corrupt government
c

Corrupt government, improved technology and global trade
d

Improved infrastructure, rapid population growth and war

Answer 1

Economists generally agree that economic development and growth are influenced by four factors: human resources, physical capital, natural resources and technology. Highly developed countries have governments that focus on these areas.