Explain six factors that may hinder the development of a country.

Explain six factors that may hinder the development of a country.

Factors that may hinder the development of a country include:

1. Low demand for goods and services which discourages production activities hence interfering with development.
2. Inadequate capital which leads to low levels of development
3. Negative sociocultural practices which may hinder production and consumption of certain goods and services.
4. Inadequate foreign exchange which limits access to imports hence affecting production and consumption.
5. Limited entrepreneurial abilities resulting into inefficiency in production.
6.  Poor management of resources arising from inadequate skills, corruption and poor governance which limit the extent of growth and development.
7. Poor nutrition and disease prevalence which renders some of the people unproductive as well as channeling much of the income into provision of health care instead of investment.
8.  Use of inappropriate technology which compromises the quantity and quality of goods and services produced.

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