Trusted by millions of Kenyans
Study resources on Kenyaplex

Get ready-made curriculum aligned revision materials

Exam papers, notes, holiday assignments and topical questions – all aligned to the Kenyan curriculum.

Explain five factors that may lead to an increase in the level of national income of a country

Explain five factors that may lead to an increase in the level of national income of a country

Answers


Isaac
High quality labour force/qualified human resources such labour is paid higher salaries which increase the national income

High natural resource endowment/land/gifts of nature;increases production of goods,can generate more incomes

More export trade:-This increases foreign exchange earnings that is a major component in National in come

High level of entrepreneurial culture-this encourages hard work,more output and thus more incomes are earned
Good governance/political stability-This attracts more investments and saving and therefore more output.This increases incomes
isaacmuthini answered the question on October 11, 2017 at 09:34

Answer Attachments

Exams With Marking Schemes

Related Questions