[Solved] Economic development depends on :

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Q.	Economic development depends on :
A.	Natural resources
B.	Capital formation
C.	Size of the market
D.	All of the above
Answer» D. All of the above
Explanation: Economic development generally refers to the sustained, concerted actions of policymakers and communities that promote the standard of living and economic health of a specific area. Economic development can also be referred to as the quantitative and qualitative changes in the economy. Such actions can involve multiple areas including development of human capital, critical infrastructure, regional competitiveness, environmental sustainability, social inclusion, health, safety, literacy, and other initiatives.

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