What do you think is the importance of innovation in the economic development of a country?

Q: why is the reason that some country are not yet developed

A: A country is said to be developed if it has advanced technology and advanced infrastructure. A…

Q: ways to boost productivity?

A: Productivity refers to the ratio of output produced from using a unit of input. In other words, it…

Q: Name at least three sources of economic development and explain completely that how they lead to…

A: Sources of economic development refers to key agents which leads to increase in development of an…

Q: How does a business contributes to social responsibility and economic development of a nation?

A: Answer

Q: Explain why ‘inclusiveness’ and ‘equality in opportunities’ can strengthen the innovation capability…

A: Inclusiveness: It means including all people in any kind of opportunity. Suppose there are some…

Q: How can growth and development affect the country’s economy?

A: Economic growth is defined as a rise in the market value of goods and services generated in the…

Q: Explain how the economic principles guides economic growth and productivity?

A: According to the given question Simply we can say that economic growth actually refer to a rise in…