Geographical Area and Natural Resources Affect an Economy
Trending Questions
Q.
What is development? Mention the two aspects of development.
Q.
What Are the Two Types of Economic Growth?
Q. The increase in the capacity of an economy to produce goods and services to satisfy the wants of individuals in the society is known as
- inflation
- economic downfall
- economic prosperity
- economic growth
Q.
What are the examples of growth and development?
Q. Which of the following will have a positive impact on the economic growth of a country?
- Instability of the government
- Increase in population without any growth in skilled workforce
- Abundance of natural resources like oil and mineral deposits
- Increase in population if it translates into an increase in skilled workforce
Q. Which of the following has a negligible effect on the growth of an economy?
- Skilled workforce
- Diverse wildlife
- Climatic condition
- Availability of raw materials
