1945

The mobilization of human and financial resources

The output of an economy in terms of goods and services and other forms of consumer satisfaction depends on the quantity and quality of the resources that are put into it. In the developing countries, there are three key forms of input governing the pace of economic development. They are the size and qualifications of the working force, the margin of resources left over after consumption needs have been met, and the supply of complementary goods and services from abroad.

Related Subject(s): Economic and Social Development
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