Economics · Schumpeterian Theory

According to Schumpeter, economic development is primarily driven by:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Population growth
2Innovations introduced by entrepreneurs✓
3Savings rate
4Government expenditure

Correct answer

Innovations introduced by entrepreneurs

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According to Schumpeter, economic development is primarily driven by:

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According to Schumpeter, economic development is primarily driven by:

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