Economics 101 (#22) Enterprise and Profit

The 4th Factor of Production (FOP) is Enterprise (and the reward for providing it, profit). Enterprise  is defined as the intitiatve involved in organising land, labour and capital and which bores the risks involved in production.

Heres the PDF PIIGSTY Econ 101 #22 Enterprise and Profit


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This entry was posted on Thursday, December 1st, 2011 at 23:08 and is filed under Economics 101. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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