Spec 9EC0
Revise Edexcel A A Level Economics 4.3.2 Factors influencing growth and development with the question bank, lessons, revision guides, and flashcards.
a) Impact of economic factors in different countries: • primary product dependency • volatility of commodity prices • savings gap: Harrod-Domar model • foreign currency gap • capital flight • demographic factors • debt • access to credit and banking • infrastructure • education/skills • absence of property rights • b) Impact of non-economic factors in different countries