Location, geography, financial systems, political stability, and natural resources . Rivers, iron ore and coal etc
Answer:
I would say B.
Explanation:
All the other answers are not very upfront and specific and don't really make sense. When a group of people are unified or are without conflict a societey will succeed. A good example of this is how aincient China had dynasties and how they all fell and was mainly because of conflict (being ununified).
In developing countries, labor is cheap and low wages are paid to employees. This enables firms to manufacture products at a low cost and, therefore, to fix low prices for them too. Such goods are exported because they become attractive in the international sphere due to their price. Domestic products from developed nations cannot compete in prices with those imports, because their production costs are much higher, specially the labor costs.
If domestic products cannot compete with imports, domestic firms will not be able to sell their products and this would lead to decrease in sales, a loss of profit and to an excess of employees that wil have to be dismissed.
<u>In absolute terms, low wages in a developing country reduce the production, income and employment levels in developed countries. </u>
Answer:
Ways to Increase GDP Per Capita
- Education and training. Greater education and job skills allow individuals to produce more goods and services, start businesses and earn higher incomes.
- Good infrastructure.
- Restrict population.
- Becoming competitive in high-potential sectors
