The factor of production which takes the initiative in co...
The factor of production which takes the initiative in combining resources for production is known as
Capital
Land
Entrepreneur
Labour
Correct answer is C
An entrepreneur is a person who combines the other factors of production - land, labor, and capital - to earn a profit.
In national income accounting, the term ''net'' is used to indicate that a value.......
Subsistence production means that goods and services are ...
Under the ECOWAS agreement, a Nigerian can enter and stay in Ghana without visa for a period of ...
Examples of joint stock banks are ...
The main function of the price system is to ...
During the era of barter, money was generally in the form of ...
Land as a factor of production is made useful through the ...