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What is the relationship between factors of production and entrepreneurship?
The characteristics of entrepreneurship as factor of production include capital, which is the money needed to start the business. Any part of the business that has to do with the money is a characteristic of entrepreneurship.
What are the five factors of production?
The Five factors of production are:Land, Labor, Capital, Entrepreneurship and Knowledge-Land-Labor-capital-entrepreneurship-natural resources
Define factors of production?
Factors of production are the inputs for the production process. Three basic factors of production are land, labor, capital and entrepreneurship.
What is Considered one of the primary factors of production plus?
Entrepreneurship
Four basic factors of production?
Land, labor, capital, and entrepreneurship.
What is the relationship between factors of production and entrepreneurship?
The characteristics of entrepreneurship as factor of production include capital, which is the money needed to start the business. Any part of the business that has to do with the money is a characteristic of entrepreneurship.
What are the five factors of production?
The Five factors of production are:Land, Labor, Capital, Entrepreneurship and Knowledge-Land-Labor-capital-entrepreneurship-natural resources
Define factors of production?
Factors of production are the inputs for the production process. Three basic factors of production are land, labor, capital and entrepreneurship.
What are four factors of production?
Labour Land Capital Entrepreneurship
Which factors of production earn the most income in Pakistan?
Entrepreneurship
What is Considered one of the primary factors of production plus?
Entrepreneurship
What are the four factors of production in making steel?
The four factors of production are: Natural resources Capital Labour Entrepreneurship.
Factors of production history?
Factors of production are essential conditions or resources that favor economic production, and include land, labor, entrepreneurship, and capital.
What is land and natural resources labor capital and entrepreneurship?
Factors of Production
Four basic factors of production?
Land, labor, capital, and entrepreneurship.
What is the goal of entrepreneurship?
use the factors of production to create something of value
What is the difference between factor market amd product market?
Factor Market: Market where factors of production are traded for $$$ (Land, Labor, Capital, Entrepreneurship) AMD (:p lol) AND Product Market: Where final products from businesses or firms are sold by means of factors of production (i.e. target, best buy, etc.)
