In a country such as Korea the rapid growth in labour productivity, the high rates of savings and capital accumulation and the investment by households in education were all-important factors in the growth of the economy after the Korean War. ...
These factors are in turn dependent on other factors; such as: Population - if the working population of a country, also called the labor force, is large then it will have positive effect on the economy. ... Wars and hostility is a strain on the economy causing depletions of important resources to be spent on defense instead of on the deserving population. ... One of the major factors in depriving Pakistan of its economic stability was the succession of East Pakistan; Apart form the war expensed that it deprived us of a major source of inexpensive labor force and revenues. ...
