Factors that facilitate economy

 It is the economic growth that highlights the different ways in the present economic
activity that may have influence on future economic development and can also
identify sources that had to continue economic growth.


ECONOMIC FACTOR – A country’s current economic resources that influence their capacity
to further develop their economy.

IMPORTANT ECONOMIC FACTORS:

 Natural Resources

 Power and Energy resources

 Capital Accumulation

 Technological resources

 Available Labour force

 Transportation and communications

 Education and training

References:

http://study.com/academy/lesson/economic-factors-impacting-economic-
development.html

http://webbut.unitbv.ro/BU2015/Series%20V/BILETIN%20I/38_Boldeanu
%20Constantinescu.pdf