Answer:
The description above defines an entrepreneur.
Step-by-step explanation:
According to traditional economics, there are at least four-factor namely:
- Land
- Labour
- Capital
- Entrepreneurship
More recent schools of thought have added information and technology that that list.
The entrepreneur still remains a critical part of the list given that it is responsible for putting together the other factors in such a way that value is given and received at the least cost possible.
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