The two factors of production that seem to contribute the most to making countries rich are:
A)land and labour.
B)land and capital.
C)entrepreneurship and labour.
D)entrepreneurship and knowledge.

Question

Quizplus · Accepted Answer

While land and capital (including physical infrastructure) are important factors of production, it is entrepreneurship and knowledge that have been identified as critical drivers of economic growth and wealth creation in recent decades. Entrepreneurship is the ability to identify and pursue new opportunities, while knowledge is the successful application of scientific and technical innovations in industry and agriculture. These two inputs are closely interrelated and often require significant investment in education and research to develop. Countries that are able to attract and retain entrepreneurial talent and foster a culture of innovation have been shown to experience higher rates of economic growth and prosperity.

The Two Factors of Production That Seem to Contribute the Most