Àwọn Àmì-ìwé Tí A Fẹ̀

While it is not just economic factors that influence economic development, they are important for understanding the capacity or the ability of an economy to develop on its own. There are several factors affecting economic growth, and it is helpful to split them into demand-side factors (eg, consumer spending) and supply-side factors (eg, productive capacity). Each of these factors influences the available economic resources and growth opportunities within a country.