Schumpeter Was on an Unceasing Quest to Find Out "How

question 21

Multiple Choice

Schumpeter was on an unceasing quest to find out "how the economic system generates the force which incessantly transforms it" (growth and development force) . His answer was that the key is:

• A) the entrepreneur as creative destruction
• B) homo economicus, economic man
• C) price mechanism and competition
• D) a combination of land, work and capital
• E) a tendency towards balancing out supply and demand
• F) laws of nature in the economy

---

Definitions:

Superior Phrenic Artery

An artery that supplies blood to the superior part of the diaphragm.

Subclavian Artery

A major artery that supplies blood to the upper limbs and parts of the brain and thorax.

Internal Carotid Artery

An essential artery responsible for providing blood to the brain, eyes, and various regions of the head.

External Iliac Artery

A major artery that supplies blood to the lower limbs, branching off from the common iliac artery.