Economics A-Level
Institutional factors
What Institutional factors means in Economics A-Level, as defined for AQA.
Definition of Institutional factors
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Reference: AQA
Factors that deter foreign direct investment and misallocate public resources, reducing overall welfare, and also include the legal system, banking sector and regulatory frameworks.
Topics that use Institutional factors
- Economic growth and development (AQA A-Level)
Related terms
- Economic development
- Economic growth
- Foreign aid
- Foreign direct investment
- Globalisation
- Human capital
- Human Development Index (HDI)
- Inequality
Using Institutional factors in the exam
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