2. What factor of production is thought of as the driving force in the economy, and why?

(entrepreneur)

Question

Social Studies

Samson

1 June, 19:29

2. What factor of production is thought of as the driving force in the economy, and why?

(entrepreneur)

+4

Answers (1)

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Robinson · Answer 1

The driving force in the economy is Enterpreneurship.

The four factors of production, used to produce goods and services, are land, labor, capital and enterpreneurship. Land represents the natural resources, such as the physical place where production happens and every natural good used to produce.

2. What factor of production is thought of as the driving force in the economy, and why?(entrepreneur)

2. What factor of production is thought of as the driving force in the economy, and why?

(entrepreneur)