Schumpeter Asserts All of the Following Except

question 36

Multiple Choice

Schumpeter asserts all of the following except

• A) A strong middle class fosters growth in society's entrepreneurial base.
• B) Entrepreneurs are the leading force behind technological advancement.
• C) Invention and innovation are unnecessary in a growing economy.
• D) Secured property rights encourage risk-taking entrepreneurial behaviors.

---

Definitions:

Empiricism

A theory that states that knowledge comes only or primarily from sensory experience, emphasizing the role of experience and evidence in the formation of ideas, rather than innate ideas or traditions.

Intellectual Ability

The capacity to engage in higher-order thinking, analysis, and reasoning.

Birth

The act or process of being born, marking the beginning of life outside the mother's womb.

Functionalism

A school of psychology emphasizing questions such as why the mind or a particular cognitive process works the way(s) it does.