Examine how two of the following factors influence the level of economic development in any developing economy that you have studied: - Physical factors: - Social factors: - Cultural factors: - Political factors. - Leaving Cert Geography - Question B - 2016

Physical factors significantly impact economic development through the availability of natural resources, climate, and geographical conditions. For instance, in Nigeria, the abundance of natural resources such as oil, gas, and minerals has been a major driver of economic growth and investment. However, the adverse effects of climate change and desertification in certain regions can hinder agricultural productivity, thereby affecting overall economic stability. The geographical location, with access to the Atlantic Ocean, facilitates trade, which is essential for economic development.

Political factors play a crucial role in shaping economic development by influencing governance, policy-making, and stability. In Nigeria, political instability and corruption have posed challenges to economic development, affecting foreign investment and public service efficiency. However, political reforms aimed at improving governance and the rule of law can enhance economic performance. A stable political environment can attract investment and promote economic activities, facilitating development in various sectors.