On what factor does the economic development of a country depend?

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Population size

Global situation

Cooperation with other countries

All of the above

answer is D.

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Detailed Solution

The economic development of a country depends upon many factors like population size, global situation, cooperation with other nations, etc.
In the period of globalization, nations need a professed labour force, demand for commodities and services, connection with other countries, and universal cooperation for economic growth. Democracy's general inability to attain higher economic development is problematic. But the difference in the rates of economic development in developing countries with dictatorships and those with democracies is insignificant. In general, we can say that while democracy does not guarantee economic development, this does not mean democracies will always lag behind dictatorships in this regard.

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