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To realize his passion,Alex recently opened Original Tunes,Inc. ,a small state of the art recording studio in Nashville,TN.He probably could have set-up shop in several major cities,but Nashville offered him the two most important factors that he learned in business school would enhance the creation of wealth: labor and political freedom.

a. True
b. False

User Jun D
by
9.8k points

1 Answer

4 votes

Answer:

a. True

Step-by-step explanation:

Indeed, we could rightly say the statement is true by remembering the four key factors of production (business):

  • capital (wealth)
  • labor
  • resources
  • entrepreneur.

Labor is part of the list of important factors and political freedom allows the entrepreneur to sucessfully manage business activities.

User Shemika
by
7.2k points
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