- Economic Development
- Economic Growth
Supply factors for Economic Growth, Demand & Efficiency
What are the four supply factors of economic growth? What is the demand factor? What is the efficiency factor? Illustrate these factors in terms of the production possibilities curve.
Four supply factors:
The four supply factors of economic growth are
1) the quantity and quality of natural resources;
2) the ...
Solution clear explains the supply factors for economic growth, demand factor, efficiency factor.