Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following statements is false? Group of answer choices According to Schumpeter, competition is a rivalrous process in which the old is replaced

Which of the following statements is false? Group of answer choices According to Schumpeter, competition is a rivalrous process in which the old is replaced by the new. For Schumpeter, competition can be a disruptive force. For Schumpeter, the main type of competition embedded in capitalism is price competition. Schumpeter said that capitalism is by nature a form or method of economic change and not only never is but never can be stationary

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Lever Of Riches Technological Creativity And Economic Progress

Authors: Joel Mokyr

1st Edition

0195074777, 9780195074772

More Books

Students also viewed these Economics questions