Which of the following reflects Joseph Schumpeter’s characterization of capitalism.
a. Capitalism is an undesirable economic system.
b. Capitalism is hindered by rapid advances of invention and innovation.
c. Capitalism is threatened by rationalization.
d. Capitalism balances itself into a state of equilibrium.
c. Capitalism is threatened by rationalization.
You might also like to view...
Mortgage is based on simple interest
Indicate whether the statement is true or false
The three behavior styles in handling opposition and responding to conflict are:
a. lose lose, win lose, win win b. passive, aggressive, assertive c. emotional, physical, psychological d. passive, confrontive, aggressive
Which of the following terms refers to the marriage of a man to more than one woman at the same time?
A. polygyny B. monogamy C. plurality D. polyandry
Which of the following represents the percentage of immigrants who return to their native land?
A) 75% B) 33% C) 66% D) 30%