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______ should have the quality of farsightedness. - Economics

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Question

______ should have the quality of farsightedness.

Options

  • Labour

  • Entrepreneur

  • Landlord

  • Capitalist

MCQ
Fill in the Blanks

Solution

Entrepreneur should have the quality of farsightedness.

Explanation:

  • Entrepreneurs need the quality of farsightedness because they must anticipate future market trends and potential challenges to make strategic decisions.
  • This helps them innovate, manage risks, and ensure long-term success for their businesses.
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Factors of Production Entrepreneur
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Chapter 1: Factors of Production - Exercise [Page 29]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 1 Factors of Production
Exercise | Q 55. | Page 29
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