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goldenfox [79]
2 years ago
15

approximately 200 people are working on developing a new community just outside a major city. unlike other communities in the ar

ea, the development will feature innovative amenities such as solar powered houses
Social Studies
1 answer:
kipiarov [429]2 years ago
3 0

From the given scenario, entrepreneurship is being treated as a factor of production while taking a decision of developing by adding on the amenities.

<h3>What is meant by the factors of production?</h3>

Factors of production are the resources that helped the manufacturing entity to produce their respective products.

In the given situation, there are various facilities like solar powerhouses, vehicle parking paths, local markets, etc. which would be implemented for developing the cities and towns. This decision helped in encouraging the factor of production called entrepreneurship.

The question should be given as follows:

Approximately 200 people are working on developing a new community just outside a major city. Unlike other communities in the area, the development will feature innovative amenities such as solar-powered houses, bike paths, and small, locally-owned stores.

The decision to include these amenities is an example of which factor of production?

Therefore, the production factor represented in the given scenario is entrepreneurship.

Learn more about entrepreneurship in the related link:

brainly.com/question/2431287

#SPJ1

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