dodo bird
ghyn
The resources that contribute to the creation of wealth include natural resources, such as minerals and land; human resources, which encompass labor and skills; and capital resources, like machinery and technology. Additionally, entrepreneurship plays a crucial role by combining these resources to innovate and create goods and services. Together, these elements drive economic growth and increase overall wealth in a society.
Factors of Production 1. Land 2. Labor 3. Capital 4. Entrepreneurship 5. Knowledge
dodo bird
Wealth,ownership
Innovation is used in sustaining rapid wealth creation because people are always looking for new ways to make money. By finding new ways to make money they can sustain their rapid wealth creation.
Economics is about the production and distribution and ownership and taxation of goods, services, and wealth.
yse
plutolatry
risk taker
knowledge
economy