Which of the following factors are considered by economists who study economic development to be directly related to the rate of economic growth?
A) plentiful natural resources
B) openness to international trade
C) an educated population
D) All of the above are correct.

Question

Quizplus · Accepted Answer

All three factors - plentiful natural resources, openness to international trade, and an educated population - are considered to be directly related to the rate of economic growth. Plentiful natural resources can provide a strong foundation for economic growth, while openness to international trade can create new markets and opportunities for businesses. An educated population can lead to greater innovation, productivity, and efficiency, all of which can contribute to economic growth. Therefore, all of the above factors are considered important for promoting economic development and growth.

Which of the Following Factors Are Considered by Economists Who