Answer:
The effort used to coordinate the factors of production is a description of entrepreneurship.
The effort used to coordinate the factors of production is a description of d. entrepreneurship.
The elements of production are assets that are the constructing blocks of the financial system; they're what human beings use to produce items and offerings. Economists divide the factors of production into 4 categories: land, labor, capital, and entrepreneurship.
Within the first halg of the 20th century, some authors added the work of organization or entrepreneurship as a fourth factor of manufacturing. This has become preferred within the publish-struggle Neoclassical synthesis.
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