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26-10-2020
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According to Joseph Schumpeter, what does economic progress depend on? A. technological change in the form of new products B. competition, especially price competition C. the initial endowment of economic resources, such as the amount of labor and capital available D. government protection of competition

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28-10-2020

Answer:

A. technological change in the form of new products

Explanation:

Joseph Schumpeter gave his economist theory of creative destruction which was a change-oriented and innovative based approach to enterprise ship was the central point of his work was capitalism. In areas of economic, industrial policy, and management studies.

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