Capital and population as factors for economic development in less developed countries

Economicexperienceunequivocallyshowsthatcapitalisoneofthebasicfactorsfortheeconomicdevelopmentofanynationaleconomy,regardlessofthelevelanddegreeoftheireconomicdevelopment.TheroleandimportanceofcapitalisespeciallyemphasizedintheLIA,becauseinthesecountries,Capital is a limited factor due to lack of impunity in their economic activities.Ontheotherhand,indevelopingcountries,irrationalincomespending,frequentstorageofsavingsabroad(duetotheirunderdevelopedfinancialandbankingsystem),etc.arealsopresent.Startingfromhere,thesecountriesinthefutureshouldemphasizetheimportanceofcapitalaccumulationandemphasizetheneedtoraisetheleveli.ethevolumeofcapitalaccumulation,becauseinmanycasestheirdevelopmentislargelyrelatedtotheaccumulationofcapital.Keywords:capital,technology,population,development,developingcountries,foreigndirectinvestment