What are the social economic and non economic factors, Macroeconomics

Assignment Help:

What are the social economic and non economic factors?

Development is also a procedure involving change in some social economic and non economic factors comprising:

• Economic: structural change into sectors for example, through agriculture to manufacturing dominating GDP, improvement infrastructure;

• Social: people move through rural to cities leaving behind a manner of life;

• Cultural: for example, appointment on merit quite than on the origin of traditional loyalty to family or tribe

• Political: laws insisting on property rights and contracts come out


Related Discussions:- What are the social economic and non economic factors

Trade between the two countries, Given the above trade between the two coun...

Given the above trade between the two countries, explain the trade effects on product prices, and factor incomes. Why do these effects occur?

Show factors that govern the price elasticity of demand, Q. Show factors th...

Q. Show factors that govern the Price Elasticity of Demand? a. The number and closeness of the substitutes- The more and the better the substitutes, the grater is the Price Ela

Aggregate supply, As is the case with the supply and demand function for a ...

As is the case with the supply and demand function for a single business firm determining the equilibrium price and output for its product, the aggregate supply and aggregate deman

Why protective coating might fall in vivo, An electronic chip is to be impl...

An electronic chip is to be implanted in the body. During in vitro (in the lab) testing it is observed that the chip will dissolve over time if exposed to liquid with similar pH to

Derive saving - investment method, Derive saving- investment recognize in t...

Derive saving- investment recognize in the context of an open economy. From national income accounting shows that an enhance in taxes (whereas transfer unchanged) must imply a

Real GDP using chained-dollar method, 2012 Mangoes 91 boxes $7 a box ...

2012 Mangoes 91 boxes $7 a box Pinapples 56 boxes $12 a box 2013 Mangoes 108 boxes $14 a box Pinapples 70 boxes $8 a box Real GDP in 2013 using the chained-dol

How do reductions in government spending affect the economy, Usually the go...

Usually the government is very good at wasting money and resources so less spending, by the government helps the economy as those resources are allocated in areas that are more wel

Classical economic theory, Between 2007 and 2009 the U.S. economy experienc...

Between 2007 and 2009 the U.S. economy experienced a severe recession. In an effort to stimulate the economy, the federal government passed a stimulus package. Explain the federal

Government in the cross model, The government in the cross model ...

The government in the cross model Net taxes NT(Y) depends positively on real GDP in the cross model In this model when national income increase

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd