Alexander, classic economic theory suggests four factors of production: labor, land, capital and entrepreneurship. What will change in this set in the near future?
Alexander chulok: will Change the set of factors of production and their content. Traditional Quartet complement technology. This factor economists have begun to highlight in the 60-ies, and in 2018 Paul Romer received the Nobel prize for the incorporation of technological innovation in economic growth. We have already passed the periods of nano – and biotechnologies, when people were ready to invest money in any project, the title of which is these words. Then […]
Full Post at www.wirenewsfax.com