Pemba is an Island within the Indian Ocean. She had registered an improvement in her national income. Explain five factors that may have contributed to...

Pemba is an Island within the Indian Ocean. She had registered an improvement in her national income. Explain five factors that may have contributed to this trend.

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-Labour supply – a country with more skilled labour force

- Capital – a country that uses modern equipment in production

- Entrepreneurship – it has more entrepreneurs who organize factors of production

- Land – it has more natural resources

-Political stability – Conducive political atmosphere attract both foreign and local investors vestment into the country.

- Positive attitude of citizens towards work contributes to high national income

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marto answered the question on November 7, 2019 at 10:51

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