Economic factors include tangible resources like natural resources, capital, labour, and physical infrastructure. Non-economic factors are intangible aspects like social norms, cultural values, political stability, institutional efficiency, and public attitude, all of which significantly influence economic activity and growth.
Which one of the following is non-economic factor in the growth of country:
Asked in RPSC RAS Prelims 1996 · Topic: Nature of Indian Economy (Developing Economy Characteristics)
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