Question : Which of the following are the elements of economic development?
A: Physical capital
B: Human capital
C: Technology
Option 1: Only A correct
Option 2: Only A and B are correct
Option 3: Only B and C are correct
Option 4: All are correct
Answer (1)
15th Jan, 2024
Correct Answer: All are correct
Solution :
The development of the economy is determined by four factors: human and physical capital, natural resources, and technology.
Hence option d is the correct answer.
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