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Q.

Which of the following factors does the economic development of a country depend on?


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a

Cooperation from other countries

b

The number of rich citizens in the country

c

Political priorities adopted by the country

d

All of the above 

answer is D.

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Detailed Solution

The economic development of a country depends on Cooperation from other countries, the number of rich citizens in the country, and Political priorities adopted by the country.
The economy plays a crucial role in the development and growth of a country at all levels and as well, both internally and externally. The economic situation of a country directly or indirectly decides its development pace. An economically weaker country will develop at a much slower pace compared to economically better-off countries. The economic development of a country depends on various factors. Among them, a few are Cooperation from other countries(as the economically weaker country can’t develop on its own without the support of developed countries, either through resources or through a loan), the number of wealthy citizens of the country (the higher the number of wealthy citizens, the better the economy), and political priorities adopted by the country (as a political party is the one that forms the government, so the ideals of parties will shape the nation’s future).
 
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