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