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

Question

Quizplus · Accepted Answer

While all factors of production are important, entrepreneurship and knowledge are essential for driving innovation, creating new industries and jobs, and increasing productivity. Land and labour are important, but without entrepreneurial leaders and a knowledgeable workforce, a country is unlikely to see sustained economic growth and wealth creation. Capital is also important, but it can be acquired through investment and borrowing, whereas entrepreneurship and knowledge are more difficult to develop and obtain.

The Two Factors of Production That Seem to Contribute the Most