Economic Forces As a political conservative, he believes this improvement is primarily due to economic forces. Development in urban life is a result of economic factors or economic development.
More about development and economic forces:
It is generally agreed that economic development and growth are influenced by four factors: human resources, physical capital, natural resources and technology. Economic factors play a critical role in a country's economic development. In most cases, the stock of capital and the rate of capital accumulation determine whether a country will grow or not at a young age. There are a few other economic factors that have an impact on development, but their significance pales in comparison to capital formation.
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The main way in which colonial government differed from present-day government in the United States is that the governors were all appointed by the King, meaning that the people had far less control over their government than today. Of course blacks and women had practically no rights in the colonial era as well.
I don t get it what was the question
Answer:
The banking system plays an important role in the modern economic world. Banks collect the savings of the individuals and lend them out to business- people and manufacturers. ... Thus, the banks play an important role in the creation of new capital (or capital formation) in a country and thus help the growth process.
Explanation:
Banks play an important role in capital formation, which is essential for the economic development of a country. They mobilize the small savings of the people scattered over a wide area through their network of branches all over the country and make it available for productive purposes
There are 27 formal amendments have been made in the constitution
