Which statement is true?
A)Entrepreneurial ability is abundant in the U.S.
B)The entrepreneur sets up a business and risks his or her own money.
C)Land,labor and capital may be considered passive resources.
D)All of the statements are true.

Question

Quizplus · Accepted Answer

All the statements provided are true. Entrepreneurial ability is indeed abundant in the U.S., characterized by a strong culture of innovation and startup creation. Entrepreneurs do set up businesses and often risk their own money to do so. Additionally, land, labor, and capital are considered passive resources in the sense that they require an entrepreneur to utilize them effectively to create value.

Which Statement Is True