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Factors that hinder or promote Development 1 • What is Development?• Development means improvement in a countrys economic and social conditions More specifically, it refers to improvements in ways of managing an areas natural and human resources in order to create wealth and improve peoples lives This definition is based on the more obvious distinctions in living standards between
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Factors that hinder or promote Development 1 • What is Development?• Development means improvement in a countrys economic and social conditions More specifically, it refers to improvements in ways of managing an areas natural and human resources in order to create wealth and improve peoples lives This definition is based on the more obvious distinctions in living standards between
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The economic growth of a country may get hampered due to a number of factors, such as trade deficit and alterations in expenditures by governmental bodies Generally, the economic growth of a country is adversely affected when there is a sharp rise in the prices of goods and services
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The current turbulence in the mining industry in South Africa has its roots in several different factors First, the fall in global demand for platinum and other minerals due to recession; second, the consequences of the Marikana disaster in destabilising labour relations; and third, the structural character of our mining industry
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One of the most important factors in development is geography, where the country is in the world, and climate It’s no coincidence that the poorest countries are in the tropics, where it is hot, the land is less fertile, water is more scarce, where diseases flourish Conversely, Europe and North
Powerpoint presentation which looks on the factors that promote or hinder economic development Slideshare uses cookies to improve functionality and performance, and to …
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After watching this video, you will be able to explain what economic development is and describe some of the factors that affect economic development and how they do so