Multiple Choice
According to Joseph Schumpeter,the theory of creative destruction describes a process by which
A) some new products unleash a gale of destruction that drive other new products out of the market.
B) new products unleash a gale of destruction that drives old products out of the market.
C) new products are created by the destruction of capital.
D) the creation of new products never involves the destruction of old products.
Correct Answer:

Verified
Correct Answer:
Verified
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