In terms of contribution to total Canadian income,the factor of production that receives the SMALLEST share is:
A) capital.
B) labour.
C) land.
D) entrepreneurship.

Question

Quizplus · Accepted Answer

Land and other natural resources only account for a small portion of total Canadian income due to the fact that Canada's economy is heavily reliant on services and industries that require a significant amount of capital and labor. While land still plays an important role in certain sectors such as agriculture and mining, it is not the primary factor of production in the overall Canadian economy. Therefore, choice C is the correct answer.

In Terms of Contribution to Total Canadian Income,the Factor of Production