Multiple Choice
The process of "creative destruction" refers to
A) The establishment of a more just society through warfare
B) The freeing up productive resources that occurs when obsolete industries and firms die off
C) Deliberately unlearning some ideas in order to prepare oneself for radically new theories and concepts
D) The replacement of an elderly demographic cohort by a younger one
Correct Answer:
Verified
Correct Answer:
Verified
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