In the book The Theory of Economic Development, ________ argued that entrepreneurs develop new products and technologies that, over time, make current products and technologies obsolete. This process is called creative destruction.
A) Malcolm Gladwell
B) Seth Godin
C) Joseph Schumpeter
D) Thomas Friedman
E) Jim Collins

Question

Quizplus · Accepted Answer

The book The Theory of Economic Development is written by Joseph Schumpeter, who coined the term "creative destruction" to describe the process by which new innovations and technologies displace old ones and create economic growth.

In the Book the Theory of Economic Development, ________ Argued