Economic growth depends on which of the following?

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Size of the population of the country.

Geographical location of the country

Global scenario.

All of the above

answer is D.

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Detailed Solution

The economic growth of a country depends upon all mentioned above.
It is hugely affected by the availability of human resources and mineral resources, technology, the global scenario, and location. The demographic dividend of a country acts as the human resources whose labour and minds add to a country’s economy. The geographical location ensures the proper climatic and atmospheric conditions of a country, which favours the production of a particular commodity. This is what a country’s economy is based on and makes it either agricultural, industrial, or mixed. Cooperation from other countries favours trade.

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