A) Innovation B) Labor specialization C) Market equilibrium D) Capital accumulation
A) The capitalist B) The government C) The entrepreneur D) The consumer
A) Creative destruction B) Capitalist progression C) Market evolution D) Industrial mutation
A) Stabilizes price levels B) Prevents economic crises C) Enables entrepreneurs to implement innovations D) Encourages consumer spending
A) Consumer confidence shifts B) Government spending patterns C) Monetary policy changes D) Clusters of innovations
A) The flow of international payments B) The movement of capital between sectors C) The cycle of production and consumption D) The routine, repetitive economic process
A) Prevent technological progress B) Are always harmful to the economy C) Should be permanently regulated D) Can be temporary and beneficial for innovation
A) It reduces profit margins B) It stifles creative thinking C) It leads to market saturation D) It spreads innovations through the economy
A) Combining different industries B) Implementing innovations in the economic system C) Diversifying investment portfolios D) Merging competing firms
A) Lack of capital B) Government regulation C) Resistance to change in the circular flow D) International competition
A) Signals for resource allocation B) Measures of efficiency C) Permanent returns to capital D) Temporary rewards for successful innovation
A) Competition stimulates innovation B) Innovation eliminates competition C) Competition and innovation are unrelated D) Innovation creates temporary monopoly power
A) Internal market expansion B) Economic change driven by internal innovation C) Self-sufficient economic policies D) Domestic resource utilization
A) Become globally dominant B) Return to feudalism C) Be replaced by socialism D) Achieve permanent stability
A) International spread of innovations B) Consumer adaptation to new products C) Speculative boom following primary innovation D) Recovery phase after recession
A) Mathematical and static B) Institutional and historical C) Behavioral and psychological D) Evolutionary and dynamic
A) Following market trends B) Managing existing businesses C) Introducing new combinations D) Maximizing profits
A) Credit creation B) Foreign investment C) Government planning D) Labor unions
A) Eternal B) Socialist C) Self-destructive D) Stable
A) Income equality B) Quantitative growth C) Qualitative changes D) Price stability
A) Corporate B) Replicative C) Innovative D) Social |