What boosts a country's economy?

[Rruchi man]

What do you think is the main factor that affects a country's economy positively today?

A country that invests massively in human capital development will definitely see the reward in their economy, as productivity will generally be on the rise. With developed infrastructure and people whose mental development does not match those infrastructures, the economy will not progress because productivity will not be at its maximum.

Human capital development is the most important to me.

[0t3p0t]

What do you think is the main factor that affects a country's economy positively today?

A country that invests massively in human capital development will definitely see the reward in their economy, as productivity will generally be on the rise. With developed infrastructure and people whose mental development does not match those infrastructures, the economy will not progress because productivity will not be at its maximum.

Human capital development is the most important to me.

Agree. This is what makes my country's economy keep going because of it. We all know that human capital can be domestic and abroad so yeah really has huge impact. But here in my country mostly skilled and professionals prefer to work abroad to maximize and took advantage of other country's technology, salary rate and the level of experience.

[DrBeer]

What do you think is the main factor that affects a country's economy positively today?

A country that invests massively in human capital development will definitely see the reward in their economy, as productivity will generally be on the rise. With developed infrastructure and people whose mental development does not match those infrastructures, the economy will not progress because productivity will not be at its maximum.

Human capital development is the most important to me.

Agree. This is what makes my country's economy keep going because of it. We all know that human capital can be domestic and abroad so yeah really has huge impact. But here in my country mostly skilled and professionals prefer to work abroad to maximize and took advantage of other country's technology, salary rate and the level of experience.

Perhaps my words will be perceived as cynicism, but.... people are. no offense, just a resource. And what I agree with is that a highly educated and developed population is a better resource than a population that is degraded, uneducated, and primitive.

A developed population means the development of technology, it means higher production efficiency, it means the formation of higher added value, it means a wealthier population, it means a better consumption community - all this creates a living, developing economy.
And as you understand - a poor, poorly educated, manipulated, for example, by religious fanatics, society cannot be effective, because of its backwardness, global, comprehensive backwardness and degradation.

[Dr.Bitcoin_Strange]

Lets look at it from a different perspective as regardless of the government of a country diversifying her country's economy into different areas, they will still not yield a positive outcome if the government is been occupied by corrupt individuals. If you have studied the economy of most Africa country you can easily observed this statement above been very accurate.

The issue isn't that the countries aren't diversifying and investing into different sections of her economy but the corrupt politicians (only interested in enriching themselves) aren't ready for the progress of the country's conomy so as to keep the masses in poverty in other to win their votes when the next election approaches.

What brings the economy of a country down mostly have to do with the government of the day, as when the government lacks innovative minds in her cabinet to contribute ideas on how to improve the economy of her country, it bring the economy down. When corrupt politicians are withholding development so as to favour their selfish interest, it bring the economy down. I could go on and on but the point I'm trying to make is the economy of a country totally depends on the government as even the private sector tends to benefits when the government passes laws that encourages friendly environment for entrepreneurs to build on the workforce of a country.
So in all the government is the only reason a country economy will grow with a bad government the economy of a country will fall.

[Dr.Bitcoin_Strange]

The only thing that can help grow the economy of any country is there government. When there government don't support development the country will never grow but if the government support development the country will grow and there economy will grow rapidly.

So in all the government of a nation is the major reason why the nation's economy will grow.

[Aanuoluwatofunmi]

The leaders are part of the constituents that contributes to the growth and development of a country's economy, then individuals as well have their own personal roles and participation in making up the whole economic running's and activities, these will both help to have the two of the category working towards the nations building and there will be an increased productivity in that country, the people will be employed and employable and there will be a reduced poverty level.

[JoyMarsha]

A country's economy can be influenced by factors such as the level of employment among its citizens and the consumption of what it produces rather than what it imports from other countries. We can say that they produced their goods and continue to export them.

Another point is that they try to support or lend loans to their citizens who want to start a new business or have a technological innovation.

[Aanuoluwatofunmi]

Government policies, population growth, increased GDP and good leadership will all constitutes to what makes a country move forward in other for us to have better and increasing opportunities for the people living in it,we also have to go dip more in thinking on self employment, in situations whereby many people are not depending much on the government before they can make survival for a living.

[bitterguy28]

In our society today, different countries have their own economy and some are better than the others because of their government policies to the economy.
Import and exchange today isa key factor that improves a country's economy, but many people do not know what it is all about.
For me I will say that government policies play a key role in the economy and also import and export of natural resources and cash crops too helps to boost the economy.
What do you think is the main factor that affects a country's economy positively today?

the goodness of each government?

the people learning how to not depend in their government?

either way? its theirs to tell.

[target]

Industrialization is what boost a countrys economy. Its what China did to make their country prosper and with the hwlp of their population growth, it boost further.

The country invested in some other parts of the world too by going to Africa where labor is more cheaper than them and where resources are abundant. But most important for a country to economy is trading partners with the whole world.

[Dr.Bitcoin_Strange]

First would be security because an investor would not want to splash out money on an area where it's infested by bandits and terrorist. The second would be friendly economic policies that would entice outside investors. Tax breaks and less Government interference are ideal. You also have cheaper labor costs.

You are absolutely correct, insecurity can cause or put fear in most investors lives which can make them be unable to do things or help others because of the fear of being kidnapped or harass in any way but where there is a good security can make them to help the government or the people by creating opportunities for the people either Job opportunities or given them the opportunity to acquire skills etc.

[kulkhan]

The only thing that can help grow the economy of any country is there government. When there government don't support development the country will never grow but if the government support development the country will grow and there economy will grow rapidly.

So in all the government of a nation is the major reason why the nation's economy will grow.

Yes you told perfect government is main responsible for boost any countries development. Because government can creat job opportunities for his people. Food security, Receident, electricity, treatment all are in grip of government. So government is main responsible for all things for a nation and Deserving of credit of all good.
Of government want then also economic growth will increase rapidly and if government were careless about it then people were. affected

[0t3p0t]

What do you think is the main factor that affects a country's economy positively today?

A country that invests massively in human capital development will definitely see the reward in their economy, as productivity will generally be on the rise. With developed infrastructure and people whose mental development does not match those infrastructures, the economy will not progress because productivity will not be at its maximum.

Human capital development is the most important to me.

Agree. This is what makes my country's economy keep going because of it. We all know that human capital can be domestic and abroad so yeah really has huge impact. But here in my country mostly skilled and professionals prefer to work abroad to maximize and took advantage of other country's technology, salary rate and the level of experience.

Perhaps my words will be perceived as cynicism, but.... people are. no offense, just a resource. And what I agree with is that a highly educated and developed population is a better resource than a population that is degraded, uneducated, and primitive.

A developed population means the development of technology, it means higher production efficiency, it means the formation of higher added value, it means a wealthier population, it means a better consumption community - all this creates a living, developing economy.
And as you understand - a poor, poorly educated, manipulated, for example, by religious fanatics, society cannot be effective, because of its backwardness, global, comprehensive backwardness and degradation.

Very well said. I and we as the people feel not offended by these factors because that is what is truely is happening not only in my country but also in other third world countries around the world and I agree that people alone won't makes any sense unless they have enough knowledge and skills to better understand how economic growth works and can easily find solutions to problems that can be found along the country's path to prosperity before it can be called a highly developed country but yeah it takes time to do this thing unless people are cooperative, dedicated, willing to learn new ideas and of course execute the acquired knowledge and skill effectively. Here in my country based on my observation we people has no choice but to do those things for our family and loved ones and at the same time it also helps the economic growth of our country I think it contributes like more or less 10% of the total GDP.

[Aanuoluwatofunmi]

There is a need also for foreign influence on ones economy because it will make what we do go on a globalization level and attract for more international interest on it, but this have to be done with an understanding without leaving the local economy behind and under developed, we have to balance the two and create opportunities for everyone to fit in on either of the two for their sustainability as citizens of the country.

[bitterguy28]

There is only one thing that needs to be answered here and what is that?

GOOD GOVERNANCE"

because if there is a good government for sure there are no corruption , there will always room for improvement and of course they will always priority the benefits of the people and not just their own pocket.

that is what makes  one economy growing and boosted .

There is a need also for foreign influence on ones economy because it will make what we do go on a globalization level and attract for more international interest on it, but this have to be done with an understanding without leaving the local economy behind and under developed, we have to balance the two and create opportunities for everyone to fit in on either of the two for their sustainability as citizens of the country.

yeah tourism same as the businesses brings from Foreign investors .