Respuesta :

21slynrules

Answer:

I think you forgot to mention the examples along with the question. I am answering the question based on my research and knowledge. The barrier to economic development that is shown in the examples is very low levels of social welfare. I hope the answer comes to your help.

Explanation:

Answer:

All factors are considered for economic development except the following given below.

Explanation:

  • Barriers to economic development are large population size, savings gap, large and inadequate capital accumulation, corruption, politics and poor governance, the deficit in the foreign trade of goods and services.
  • Other factors being lack of technological developments,  climatic and weather disturbances, a decline of trade and commerce is considered to be one of the biggest drawback influencing this growth.
  • Institutional barriers like education, skill development, innovation and access to equal opportunities. Slowness in terms of gross domestic production and decline in various sectors of the economy.

Otras preguntas