Question
there are four factors of production, or basic economic resources:land, labor, capital and entrepreneurial ability. More recently a fifth resource, technological innovation, has been added.
there are four factors of production, or basic economic resources:land, labor, capital and entrepreneurial ability. More recently a fifth resource, technological innovation, has been added. In this discussion board assignment, we will focus on two of these economic resources:entrepreneurial talent and technological innovation.
Please explain what you believe are the two most recent technological advances that have occurred or will occur through the efforts of entrepreneurs during the 20thand/or 21stcenturies, and how they have impacted or will impact our lives.
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