which of the five factors of economic production is the most important?

Question

Land, Labor, Entrepreneurs, Goverment or Capital. And can you please explain to me why to thanks..

Answer 1

All five factors are needed but I think a stable government is the key to fostering economic development.

People need to know what the laws & rules are & that they will be enforced fairly. Otherwise, people are reluctant to invest, take risks or work together efficiently.