The entrepreneur's two core roles
The entrepreneur's two core roles
An entrepreneur is the factor of production that combines and organises land, labour and capital to produce goods or services for a market. They decide what to produce, how to produce it, and which resources to use.
Step-by-step lessons on CIE Intl A Level Economics 1.3.5 role of the entrepreneur in contemporary economies: risk and organisation of the other factors of production. Each one builds up to exam-style questions.