Who among the following are associated with the concept of “Entrepreneurship” ? I. Richard Cantillon…
Richard Cantillon, Adam Smith, Jean Baptiste Say and Joseph Schumpeter are associated with the development of ideas about entrepreneurship. Lionel Robbins is primarily…
Choose your answer
Who among the following are associated with the concept of “Entrepreneurship” ?
I. Richard Cantillon
II. Lionel Robbins
III. Adam Smith
IV. Jean Baptiste Say
V. Joseph Schumpeter
Answer and explanation
Correct answer C
Richard Cantillon, Adam Smith, Jean Baptiste Say and Joseph Schumpeter are associated with the development of ideas about entrepreneurship. Lionel Robbins is primarily associated with the scarcity-based definition of economics rather than this group of entrepreneurial thinkers.
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Karnataka SET (KSET)