App Logo

No.1 PSC Learning App

1M+ Downloads
Factors affecting economic growth can be broadly classified into which two categories?

AEconomic and financial factors

BEconomic and non-economic factors

CPolitical and social factors

DTechnological and demographic factors

Answer:

B. Economic and non-economic factors

Read Explanation:

  • Factors affecting economic growth are broadly categorized into economic factors (such as natural resources, human capital, investment, entrepreneurship) and non-economic factors (like social, political, and demographic factors)


Related Questions:

Analyze the role of Gulf migration and remittances in Kerala's socio-economic development and identify the true statements.

  1. Gulf migration and foreign remittances have played a significant role in the socio-economic development of Kerala.
  2. The volume of remittances to Kerala became substantial only after the turn of the millennium.
  3. Remittances have been crucial in making Kerala an affluent state and enabling redistribution among various sections of society.
  4. The expenditure pattern of migrants is primarily focused on long-term productive investments like setting up large industries.
    What is the main objective of the Kaivalya scheme?
    What percentage of landowners in India are women?

    Which statements accurately describe the Women Cells in Colleges and the Gender Park?

    1. Women Cells in colleges, established by KSWDC, organize gender awareness trainings and community intervention programmes.
    2. The main objective of a Women Cell is to make youth aware of social issues and equip them with management skills.
    3. The Gender Park was established in 2013 to promote gender equity and empowerment.
    4. The Gender Park's main campus is located in Thiruvananthapuram.
      The 'Kerala Model of Development' is often contrasted with economic models that prioritize: