In a market economy, persons undertaking an investment project must
What will be an ideal response?
either personally supply the required funds or convince other investors to do so.
Economics
You might also like to view...
According to Joseph Schumpeter, economic growth is achieved through
A) a process termed "creative destruction." B) removing the entrepreneur from the production function. C) centralizing economic production. D) focusing only on making old products better rather than inventing new ones.
Economics
What event started the Asian financial crisis in 1997?
A) Indonesia's inability to pay its debts B) devaluation of Indonesia's currency C) Thailand's inability to pay its debts D) devaluation of Thailand's currency E) devaluation of Malaysia's currency
Economics