0
An entrepreneur is a vital productive resource because they drive innovation by identifying new opportunities and turning ideas into viable businesses. They mobilize and organize other resources—such as capital, labor, and technology—to create goods and services, stimulating economic growth. Additionally, entrepreneurs contribute to job creation and enhance competition in the market, ultimately benefiting consumers and the economy as a whole. Their risk-taking and problem-solving abilities foster resilience and adaptability within industries.
What else can I help you with?
What is a person such as the owner of a pharmacy who organizes other productive resources to make goods and services?
entrepreneur
What is an economic or productive factor required to accomplish an activity?
resource
What is one productive resource that all people own regardless of their wealth?
One productive resource that all people own regardless of their wealth is time. Everyone has been given time in equal measure.
Which productive resource made trade between these regions possible?
camels - studyisland
What do you mean by people as resource?
People as resource is a way of referring to a country's working people in terms of their existing productive skills and abilities
What do you mean by people as a resource?
People as resource is a way of referring to a country's working people in terms of their existing productive skills and abilities.
Why productivity is important?
Because it is very productive
Is productivity important?
Because it is very productive
Why is a human resource the most important?
why is a country's human resource most important
What was the second most important resource to the Plains People?
While the buffalo was the most important resource, the second most important resource became the horse.
What is a entrepreneur and why are they important to the economy?
An entrepreneur is someone who invents an idea using the country's resources and tries to start a business with the idea. They are important because they develop ideas and improve the country.
Why people are the most important organizational resource?
the most important organisational resource is the people.
