Economic factors affect industrialization as production input resources of capital,labour,interprise and land,however non economic factors of social and political intervention to direct the choices of consumption in production of goods and services,allocation of resources as a tool of capitalist hegemony in the doctrine of general equilibrium. It assumes that the normal condition of society is for the state to play as little a role in economic life as possible, because the market is part of human nature and the most efficient form of economic organization. The theory, therefore, has a role in legitimizing capitalist hegemony. The socialist economy in industrialization stresses on planning in allocation of resources for production of goods & services for the welfare & well being of the people.
tthere are many factors that effect the industrialization.
its the main problems in the under develop countries which effect the industrialization.
Non economic Factors are those which are non-quantfiable and in general are not amenable to traditional tools of economic analysis. They are either not factored in economic theories and models or assumed as given.Examples are -political, social, cultural, religious and institutional aspects and may also include some elements of environmental concerns.
A wide variety of factors affect economic and non economic industrialization. The culture of the people, the social climate, and the political motives of the nation all affect industrialization.
technological factors,economic factors and social cultural factor
It depends on the land and the resources also the population
Environmental factors affecting entrepreneurship: 1. Political environment 2. Legal environment 3. Economic environment 4. Technological environment
I think supply and demand, and maybe inflation. If anyone thinks there's a better answer, please edit
A wide variety of factors affect economic and non economic industrialization. The culture of the people, the social climate, and the political motives of the nation all affect industrialization.
technological factors,economic factors and social cultural factor
are economic, cultural, socio-economic status and tradition
chtiya question hai
It depends on the land and the resources also the population
critical components that affect development
One factor affecting the FDI in India is their economic growth. Also, another factor affecting the FDI in India is their capital preservation.
what are the factors favuoring industrialization
what are the factors that affecting decision making what are the factors that affecting decision making what are the factors that affecting decision making what are the factors that affecting decision making what are the factors that affecting decision making
Environmental factors affecting entrepreneurship: 1. Political environment 2. Legal environment 3. Economic environment 4. Technological environment
Factors that affect human development are: biological, environmental (socio-economic status), and psychological.
1. Political factors 2. Socio-cultural factors 3. Economic factors 4. Environment factorspolitical,socio-economic,heredity,environment,bahavior, and health care delivery systems