Question

Some economists have suggested 'entrepreneurship' as the fourth and most important factor of production in today's economic scenario.What are your comments on the same?

Answer 1

Heya....

See here for your answer..

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Yes , some. economists suggest that entrepreneurship is the fourth and most important factor of the production....

-------------- Because........

----- In the production , there are four factors of production ....

Land , Labour , Capital , Entrepreneurship...........

Among this it is fourth factor as the leadership is required in last to give instructions to other factors......

And it is important because without owner and leader no production will run....

---------- Be Brainly....

Answer 2

If part of a selective and proactive industrial policy, regulating international trade can help developing countries support exporting firms and workers. Reducing adjustment costs can increase the welfare gains from trade in both developed and developing countries