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Recommendations for economic development

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Reference no: EM133083361

The instructions are below I need help with number 3 and 4 please be specific, Thank you :)Research the country's 

  1. REAL GDP, REAL GDP PER CAPITA, 2020 data.
  2. Research the RANKING of the country on UN's Human Development Index(HDI) and Numbeos Quality of Life Index, 2020 data.
  3. Support your findings with data from the following sources of economic development: Natural Factors, Human Capital Factors, Physical Capital, Technological Factors,and Institutional Factors.
  4. Evaluate your data and give recommendations for economic development on the following:Standards of Living, Levels of Productivity per person, Population, levels of Employment/Unemployment, Sectors of Production, Efficiency of Markets, and International relations.

I am done with the number 1 and 2. The country I chose is the United Kingdom. and for number two the information are below 

Real GDP of Venezuela: 2.708 trillion USD

GDP per capita: 40,284.64 USD

HDI ranking: 0.932 13 of 189(2021)

Quality of Life Index: 156.94, ranked 23rd (2021- mid-term)

Reference no: EM133083361

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