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Q.

Which of these factors play a role in the economic development of a country?


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a

Cooperation from other countries.

b

Size of the population

c

Economic priorities adopted by the Government.

d

All of the above 

answer is D.

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Detailed Solution

The economic development of a country depends on the cooperation from other countries, size of the population, and economic priorities of the government. Cooperation from other countries helps in the economic development of a country because it stimulates trade at a global level. And the increase in the size of the population of a country increases the stress on the natural resources and vice versa. Similarly, the economic priorities of the government also determine economic development because if the government is capitalistic oriented then it promotes capitalism. Whereas if the government is socialistic oriented it promotes the welfare state.
  
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