D. Human population increased significantly in a short period of time
Answer:
other factors, such as motivation and social skills, have little impact on economic success.
Explanation:
Research that examines the associations between IQ scores and outcomes, such as income and occupational success, has shown that other factors, such as motivation and social skills, have little impact on economic success.
This is because economic success is, in most cases, related to control and professional success. Professional success, however, is not directly linked to social skills and motivation, although these factors have a certain influence, they are not highly regarded by individuals. However, occupational success, income and IQ, most of the time take all the credit for the economic success of a person being the main factors stimulated for this objective.
<h2>The two factors that make it challenging to start production in a market, more commonly known as barriers to entry in business term, could be as following: </h2>
<u>Product differentiation</u>
Existing firms have officials identification of the goods brand and consumer loyalties. Therefore it is difficult for a new firm to entire a market with a new brand and to gain customer loyalty.
<u>Capital Requirements</u>
The financial resources needed for the foundation, machinations, Research and Development, latest Technology and Promotion of the brand of a market. Capital Requirement is also a factor that could make it difficult for new firms to enter a market.
