According to Peter Drucker,the Most Important Factor of Production in Our

question 128

Multiple Choice

According to Peter Drucker,the most important factor of production in our economy will be:

• A)labour.
• B)capital.
• C)knowledge.
• D)entrepreneurship.

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Definitions:

Restrictive Covenant

A clause in a contract or deed that limits what the owner of the land or property can do with it, often to ensure the area's character or value is maintained.

Title Deeds

Legal documents evidencing a person's legal right or title to property, typically land or real estate.

Property

Assets or possessions that are owned or belong to someone, which can include real, personal, or intellectual property.

Contract

A legally enforceable agreement between two or more parties where specific promises are made for a consideration.