As you consider the factors of production,which of them will be the most important contributing factor to increasing the nation's wealth?
A)capital.
B)land.
C)knowledge.
D)labour.

Question

Quizplus · Accepted Answer

While all factors of production are important, knowledge is becoming increasingly essential for generating wealth in today's economy. With advancements in technology and globalization, new ideas and innovations are constantly being created, and those who possess knowledge in these areas are better equipped to succeed and generate wealth. Additionally, knowledge can lead to improvements in efficiency and productivity, which can further contribute to increasing a nation's wealth.

As You Consider the Factors of Production,which of Them Will