Explain What Entrepreneurship Is and Why It Is Considered a Factor

question 483

Essay

Explain what entrepreneurship is and why it is considered a factor of production.

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Definitions:

Adoptions

The legal process through which a person takes on the parenting responsibility for a child from that child's biological or legal parent(s), and permanently transfers all rights and obligations.

Exclusive Jurisdiction

A legal term indicating that only a specific court has the power to hear and decide a particular type of case.

Copyrights

Legal protections granted to the creators of original works, including the exclusive right to reproduce, distribute, and adapt their work.

Federal Courts

Courts established by the government of a country to deal with issues that are national in scope or law, including constitutional matters and federal laws.