According to schumpeter ........ cause creates trade cycles

Answers 1

Answer:

Schumpeter regards trade cycles as the offspring of economic progress in a capitalist society. Cyclical fluctuations are inherent in the economic process of industrial production. When there are internal changes taking place on account of innovation, the development process begins.

If you know the answer add it here!

Can't find the answer?

Log in with Google

or

Forgot your password?

I don't have an account, and I want to Register

Choose a language and a region
How much to ban the user?
1 hour 1 day 100 years