Question $2$

What are five methods through which an entrepreneur can create new economic

opportunities, according to Joseph Schumpeter?

ANSWER: TRUE OR FALSE?

developing a new product for an existing market, $2)$ finding new resources to allow for the

$.$production of a product for less money, $3)$ using existing technology to produce an old

product in a new way, $4)$ using existing technology to produce an existing product, and $5)$

using new technology to produce a new product.

True

False