Some countries economy are constant and some economy rise and fall, from my understanding I suggest that is because of government,and population of the country. What is your suggestion
If we have to we can actually list 100's of reasons , the economic situation in a country is determined by so many factors which are again related to even more of them .
The main things that we all have read in civics is -
Land
Labour
Capital
Businesses
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Then we have :
Culture
Education
Wages
GDP
Natural resources availability and usage
HISTORYLegal and political system
Government laws and their effects
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History is a very unfair point but unfortunately it is something to be considered, the British empire ruled 80 countries , took all their money , gold , natural resources and added it to theirs , they for sure have an unfair advantage over the economy of other countries.
The African continent was unfairly ruled and used by other countries , they did have an amazing history and resources, all these wars and the greed to dominate other Nations have made some countries underdeveloped and some developed. But in some years I do think countries can plan ahead and reach their full potential. Thus improving their economic situation.
(I do think the countries who ruled other nations unfairly should actually pay for the drastic effects they did have on the ones they nearly destroyed)