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) Michael Porter
B) H.H. Stevenson
C) Joseph Schumpeter
D) Thomas Friedman
E) Jim Collins

Question

Quizplus · Accepted Answer

The concept of creative destruction was introduced by Joseph Schumpeter in his book The Theory of Economic Development. Choices A, B, D, and E are not associated with this concept.

In the Book the Theory of Economic Development, ________ Argued