Any 4 factors that can bring about GDP growth in Zambia
1. Foreign direct investment: Increased foreign investment in key sectors such as mining, agriculture, and tourism can lead to job creation, infrastructure development, and increased productivity, ultimately boosting GDP growth.
2. Improvement in infrastructure: Investing in infrastructure such as roads, energy, and telecommunications can enhance productivity, reduce transportation costs, and attract more investment, leading to economic growth.
3. Diversification of the economy: Zambia heavily relies on copper exports, so diversifying into other sectors such as agriculture, manufacturing, and services can reduce the country's vulnerability to fluctuations in commodity prices and increase overall economic growth.
4. Human capital development: Investing in education, healthcare, and skills training can improve workforce productivity, innovation, and overall economic competitiveness, leading to sustained GDP growth.