Question

From the four of production , which one is the engine behind production process

Answer 1

In Economics,usually entrepreneurship is considered as the main engine of the entire production process in an economy or country.

Explanation:

In Economics,the four factors of production commonly include land,labor,capital and entrepreneurship.Now,land is a physical or geographical where any business organisation or factory is set up to accommodate the entire production process.Labor implies the human workforce or manpower used by the firm or any business organisation for the production of goods and services.Capital basically constitutes the physical or technical assets or inputs used in the production process such as machinery,physical equipment,tools,hammers,nuts and bolts and so on.Now,finally entrepreneurship mainly denotes the business initiative or responsibility which combines,mobilize and economically manipulate all the other three factors of production to ensure efficient production and manufacturing of goods and services(output) in the economy.Therefore,if entrepreneurial ventures and initiatives cease or collapse in any economy,the other three factors of production(land,labor and capital) will become idle,ineffective,immobile and perhaps,unemployed which will adversely affect the output level and the economic growth of any country.Therefore,entrepreneurship is considered as the engine of the entire production process and economic growth of any country.

Answer 2

Answer:

entrepreneur

Explanation:

In the four factors of production entrepreneurship is the main engine which gathers and controls the other three production process