Ch 10: Factors of Economic Growth & Development

About This Chapter

Study economic growth and development concepts with these engaging business lessons. Use these resources to earn continuing education credit, bring up your grades, study for exams or simply learn more about international business.

Factors of Economic Growth & Development - Chapter Summary

This chapter discusses the factors that contribute to - or deter - economic development and growth. These convenient and bite-sized lessons look at these factors through economic, political, administrative and sociocultural perspectives. You'll find that our instructors' straightforward teaching style simplifies the learning process and enables you to quickly learn and retain these international business concepts. You can take a short quiz following each lesson to make sure you fully understand the material. After working through the lessons in this chapter, you'll be able to:

  • Analyze the ways in which supply, demand, efficiency and other economic factors affect the economy
  • Explain different sociocultural factors that impact economic development
  • List ways economic development can be deterred by political factors
  • Consider economic growth and development terminology

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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