four factors that constitute development illustrating each with examples from the SA context.

-The economists generally agree that economic development and growth are influenced by factors. Here are some of the factors:

1. Growth and structural change, which captures how overall labour productivity growth can be attributed to movements of workers across sectors. For example, a subsistence economy may be transformed into a manufacturing economy or regulated mixed economy may be liberalized.

2. Distribution of income, which requires relatively even distribution of income resulting in improved incomes for all. For example, we may say that the top ten percent of earners represent 50% of a country’s total income. This factor simply means that people should earn evenly.

3. Rural to urban migration, which is the movement of people from rural areas to urban areas which can be caused by high vulnerability to natural disasters, poverty, etc. For example, people move from rural to urban areas in hope for better job opportunities and better education.

4. Modernization which involves transformation towards progress democratic, socio-economic and scientific ideals. It’s process of change requires both structural and functional changes. For example, a rocket car that goes faster than any other car on the planet but is incredibly danger, loud and harmful won’t be seen as more modern simply because it’s faster.