Start learning →

Match Schumpeter roles: 1. New: p. Innovation 2. Break: q. Creative 3. Firm: r. Manager

A1-p, 2-q, 3-r
B1-p, 2-r, 3-q
C1-q, 2-p, 3-r
D1-r, 2-p, 3-q
Answer & Solution
Correct answer: A. 1-p, 2-q, 3-r
Joseph Schumpeter highlighted creative destruction where entrepreneurs introduce novel methods, replacing obsolete routines.
Practise this question with Quill — ICSE Class 10 →

Keep practising Factors of Production: Land, Labour, Capital & Enterprise

Browse all Factors of Production: Land, Labour, Capital & Enterprise questions for ICSE Class 10, or explore more Economics topics.

Start a Factors of Production: Land, Labour, Capital & Enterprise lesson →