Which of the Following Factors of Production Is the Most

question 114

Multiple Choice

Which of the following factors of production is the most important contributing factor to increasing a nation's wealth?

• A)natural resources.
• B)entrepreneurship.
• C)labour.
• D)capital.

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Definitions:

Self-Report Measures

Tools or questionnaires used to collect data from individuals about their thoughts, feelings, attitudes, or behaviors by asking them to report on these elements themselves.

Personality

A person’s usual pattern of behavior, feelings, and thoughts across time or across situations.

National Character

The perceived unique collective personality, customs, and traits of the citizens of a nation.

Perceptions

Refers to the process of organizing, identifying, and interpreting sensory information to represent and understand the environment.