Th4.3: ^^ Non-Economic Factors

Question 1

What are the four non-economic factors?

Answer 1

corruption
diseases
poor climates and geographical terrain
civil wars

Question 2

What does corruption mean?

Answer 2

individuals will make decisions which maximise the bribes they receive as oppose to those which maximise development and output

Question 3

What is often linked with corruption?

Answer 3

high levels of bureaucracy and this is costly and time-consuming, deterring new businesses and reducing output of those already established

Question 4

What else may have a negative impact on economic growth?

Answer 4

diseases

Question 5

What will countries with poor climates and geographical terrain suffer from?

Answer 5

natural disasters and it may be difficult for farmers or to set up a business

Question 6

Many countries suffer from civil wars causing?

Answer 6

high levels of poverty and destroys infrastructure, making it difficult for the country to rebuild even after the war has ended