Business Studies, asked by yatharthvasania7575, 1 year ago

A person who is an innovator who introduces new combinations of means of production. Answer in a word / phrase / term.

Answers

Answered by alinakincsem
2

Answer:

The one term which can be used to replace the sentence, "A person who is an innovator who introduces new combinations of means of production. ", is called an 'ENTREPRENEUR'.

Explanation:

An entrepreneur is a person who possesses special skills like creativity and innovation. He/she brings together the various factors of production together, like land, labor, capital and enterprise. This is done to get final products through a process of production.

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