Which factor of production contributes most to creating wealth?
A) natural resources
B) entrepreneurship
C) human resources
D) capital

Question

Quizplus · Accepted Answer

While each factor of production plays an important role in creating wealth, entrepreneurship is the factor that drives innovation and creates new opportunities. Entrepreneurs bring together natural resources, capital, and human resources to create new products and services, generate employment, and stimulate economic growth. Additionally, entrepreneurship often leads to the development of new technologies and industries, further contributing to economic progress.

Which Factor of Production Contributes Most to Creating Wealth