All economies are affected by different circumstances. These are called socio-economic circumstances. Some socio-economic factors that are essential for a fruitful economy include:

• Access to affordable, quality education for high school and university/college
• Access to telecommunications, especially the internet and telephone
• Effective implementation of policies and programmes on a government and law enforcement level • Reduced poverty
• Maximum sanitation and access to water
• Affordable and efficient healthcare
• Adequate infrastructure such as roads and buildings
• Reliable and affordable energy (electricity)
• Equality across all groups
• Entrepreneurial opportunities
• Stable political factors
• High employment rate
• Access to affordable and quality education