As you consider the factors of production,which of the following did management theorist,Peter Drucker believe to be one of the most important contributing factors to increasing our nation's wealth?
A)land
B)labor
C)knowledge
D)capital

Question

Quizplus · Accepted Answer

Peter Drucker believed that knowledge was one of the most important contributing factors to increasing a nation's wealth. In his view, knowledge could not only increase the productivity of labor and capital but could also create new opportunities and industries. Drucker emphasized the importance of investing in education and training to develop knowledge-based skills and innovation.

As You Consider the Factors of Production,which of the Following