Question

Mention any four characteristics of an entrepreneur as a factors of production
answer in detail ​

Answer 1

Explanation:

The entrepreneur provides all the factors of production - land, labour, capital and enterprise himself and constantly innovates his business to stay competitive within the limited resources he has. ... 3) The entrepreneur also provides employment to many others in his business and increases economic activity.

Answer 2

Hey Mate !

Four characteristics of an entrepreneur as a factors of production

   1) The entrepreneur provides all the factors of production - land, labour, capital and enterprise himself and constantly innovates his business to stay competitive within the limited resources he has.

   2) The entrepreneur has the ability to take on big companies with the help of a single, powerful idea.

   3) The entrepreneur also provides employment to many others in his business and increases economic activity.

   4) It is the entrepreneur who ventures into new businesses and ideas rather than any established company because the entrepreneur believes in taking risk to establish himself.

Hope it helps u !