According to Karl Marx (1867),which of the following factors of production did not contribute anything of value to production?
A) Labour
B) Capital
C) Natural resources
D) Entrepreneurship

Question

Quizplus · Accepted Answer

According to Karl Marx, entrepreneurship did not contribute anything of value to production as it merely coordinated the other factors of production (labour, capital, and natural resources). Marx believed that the only factor of production that created value was labour, as it was the source of all goods and services.

According to Karl Marx (1867),which of the Following Factors of Production