Assertion (A): Entrepreneurs are considered agents of economic development because they bring structural changes in the economy through innovation. Reason (R): Innovation leads to 'creative destruction', replacing old technologies and business models with new ones.

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General Studies · Entrepreneurship Development

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Both (A) and (R) are true, and (R) is the correct explanation of (A)

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Answer 1

Both (A) and (R) are true, and (R) is the correct explanation of (A)

Answer 2

Both (A) and (R) are true, but (R) is not the correct explanation of (A)

Answer 3

(A) is true, but (R) is false

Answer 4

(A) is false, but (R) is true

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