1. Identify at least one point in this article that the author believes is important to understanding what role entrepreneurship plays in society. The main point Schumpeter makes is that capitalism is an evolutionary process. He describes how it is an ever-moving concept and “not only is but can never be stationary.” Schumpeter goes on to state that the evolutionary process of capitalism is not due to the fact that "economic life takes place in a social and natural environment", meaning that the main reason for the constant evolution of capitalism is not due to things like wars and revolutions that resume or bring the economy now. The reason capitalism is an evolutionary process, he says, is because of the constant placing of new consumer goods on the market, new systems of production and/or transportation of all goods, the creation of new markets and new production methods. industrial organization. All of these things are creating new assets or different ways of using and managing them. Schumpeter claims that all these things are ways in which capitalism transforms the formation of the economic structure "from within", which continuously creates new economic structures and at the same time destroys the old, previous structure that stood before it. Schumpeter points out that this happens whenever something new is created or a new way of producing, packaging, transporting or organizing something is created. He coins the term Creative Destruction for this process which he describes and believes is "the essential fact of capitalism". Furthermore, Schumpeter believes that it is not possible to evaluate the economy or capitalism "ex visu" or at a particular time. This is because everything that happens does not always make its effects clear immediately, changes in the economy take "considerable time" to expose their true effects, and he believes that when theorists are created or government-commissioned reports do not try to see the effects of the situation over a period of time. He believes that most of these reports only try to understand how "capitalism administers existing structures", but what they really should do is understand how capitalism creates and destroys existing structures. It is more powerful to understand the capitalist economy through how something is created, replaced, or destroyed over a period of time than it is to understand how it is managed when it exists..