Which of these is not among the principal determinants of economic growth?
A)institutions
B)education
C)research and development
D)balanced trade
E)saving and investment

Question

Quizplus · Accepted Answer

While balanced trade is important for a healthy economy, it is not considered a principal determinant of economic growth. The other options listed are generally considered to be key factors in driving economic growth. Institutions provide a stable and conducive environment for economic activity, education improves the skill level of workers and increases productivity, research and development leads to innovation and technological advancement, and saving and investment provide the necessary capital for businesses to expand and create jobs.

Which of These Is Not Among the Principal Determinants of Economic