1. the basic factors of production are land, capital, labor, and: coal, iron, and steel. oil and gas…
1. the basic factors of production are land, capital, labor, and: coal, iron, and steel. oil and gas. entrepreneurial ability. centers of creative excellence.
Answer
Brief Explanations:
In economics, the four basic factors of production are land, capital, labor, and entrepreneurial ability. Entrepreneurial ability involves organizing the other factors and taking risks in business.
Answer:
C. entrepreneurial ability