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Q.

What factors influence the economic growth of a country?


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a

Population size

b

Global situation

c

Cooperation from other countries

d

All of the above 

answer is D.

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Detailed Solution

Population size, global situation, and cooperation from other countries are the factors that influence the economic growth of a country. Numerous variables affect economic development, including the size of the nation's population, the state of the world, international cooperation, the priorities the government has set for its economy, etc. The rates of economic progress of less developed nations with dictatorships and democracies barely differ from one another. Economic growth rates in dictatorships are marginally higher than in democracies. In general, we cannot assert that democracy is a sine qua non of economic growth.
 
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