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jada wants to open a custom closet franchise. she decides to move to austin, as it offers her the two most important factors, according to peter drucker, that would enhance the creation of wealth: labor and a growing population. group starts

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No, According to Peter Drucker labor and growing population will not enhance the creation of wealth.

Creation of wealth means you should have the ability to put different kinds of raw material together and convert them into an output whose value is greater than the input value of different materials.

According to Peter Drucker, the wealth can be created by "innovation" and "continuous productivity" means you should have the ability to introduce timely innovation in your products to match with the external demand and also engage in continuous productivity if you your creation of wealth.

Here, in this case Jada want to open a custom closet franchise with labor and growing population, which is just starting phase and do not involve creation of wealth.

Learn more about Creation of wealth here:

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