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Card 39 / 100: Why is the entrepreneur the "driving force" of a market economy?
Answer:
It is the entrepreneur who directly organizes economic affairs, deciding how resources will be combined and which goods will be produced in what quantities.
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Dr.Robert MurphyAssociated Scholar
Mises Institute
USA
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Attribution:
Dr. Robert P. Murphy, Lessons for the Young Economist. (Mises Institute), http://mises.org/document/6215/Lessons-for-the-Young-Economist (Accessed 04 April, 2014). License: Creative Commons BY
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