According to ________,entrepreneurship does not contribute anything of value to production.
A)Robert Lucas and Thomas Sargent
B)Milton Friedman
C)John Maynard Keynes
D)Karl Marx

Question

Quizplus · Accepted Answer

Karl Marx believed that entrepreneurship did not contribute anything of value to production. He saw entrepreneurship as a way for the capitalist class to exploit the working class by extracting surplus value from their labor. Marx believed that the value of production came solely from the labor of the workers, not from the ideas or innovations of the entrepreneur.

According to ________,Entrepreneurship Does Not Contribute Anything of Value to Production