Economic growth can only be seen when there is an increase in quality and quantity of the factors of production so clearly it is a function of these factors. The purpose of economic organization – including all labor – is to create things that people value. Economic growth occurs when more and cheaper goods can be created.
Land reforms are introduced to affect the landless and help the equitable distribution of the resources.
Explanation:
Land reforms are put in place so as to make sure that the distribution of land in a place is equitable between people and no section of the population is hoarding too much land at the expense of other people in the area who them have to work under them.
The factors that one has to see is that what demographic takes precedence in the land ownership.
And how many people owe loans of their lands to these people.
It is also important to see the demographic changes that land distribution can bring about.
It was the year when the two candidates were very close. and it was one of the only elections that the lose won the popular vote