5 Questions
The ______ barked
dog
The ______ meowed
cat
The Role of Entrepreneurship Economic Growth Theories that Explain Economic Growth I Law of Nature Theory-Spingler (1932) a society of culture is like a living things that grows, lives and dies and its part of this life, thus something is expected to happen. The ______ Hand Theory-adam Smith as individuals seek to work for their own welfare they unknowingly promote what is best for the community and the society.
Invisible
Rocial Heritage-adult Hitler Stresses the belief that one race is superior than the other on the basis of color built and other geometric factors. Climatic Condition Theory-Eliworth Hurington (1915)- Climatic conditions determine the energy level of the people as well as the rate of development. The ______ of the Natural Environment -as Tovenne ace (1947) The combination of the geographic phenomena and souphylogical pressure of stimulation!
challenge
Laizzes Faire theory Non-interference of the government to economic activities and confining their efforts only to education. Socio-Psychological Theory People engage themselves in some entrepreneurial activities because of self-interest → Cultural Diffusion theory - Anthropologic The contact of a less developed society to a more developed one with the latter influencing the other. ______ theory-John Maynard Keyness The greater the population, the greater the demand the most likely entrepreneurs need to invest.
Keynesian
Test your knowledge on theories that explain economic growth, such as Spingler's Law of Nature Theory, Adam Smith's Invisible Hand Theory, and Adolf Hitler's Racial Heritage theory. Explore how entrepreneurship plays a crucial role in economic development.
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