Enterprise
What Enterprise means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Enterprise
Check what you remember
Read the wording for your board, then hide it and explain Enterprise in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
The factor of production that organises land, labour, and capital to produce goods and services.
Topics that use Enterprise
- Factors of production (Pearson Edexcel A-Level)
Related terms
Using Enterprise in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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