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Ways in which an entreprenuer contributes to the production of goods include;Identified viable business opportunitiesProvides guidelines on how production should be organizedCo- ordinates other factors of production should be organizedProvides capital necessary to cater for productionHe assembles / marshals other factors of productionHe is the major decision makerHe rewards all the factors of productionHe bears all risks / incurs all losses and enjoys all profits
Ways Central Bank may use to reduce the amount of money in circulation include;Increase in the bank rateBuying of government securities in the open marketIncrease cash or liquidity ratioIncrease in compulsory deposit requirementSelective credit controlReduce margin requirementRequest commercial banks to control credit
Government policy improves agricultural production by;Land reform policy to enable improve land ownershipProvision of extension services/educationHelp control parasites/diseases and weeds effectivelyProvision of storage facilities for bulky commoditiesEstablish openers to supply inputs and market Agricultural goods.Provide subsidies on Agricultural inputsImpose high taxation on imports to protect local Agricultural productsImprove laws to regulate quality of AgricultureFacilitate conservation of natural resourcesEstablish national food security