Which of the following does not illustrate the idea of creative destruction?
A) Digital downloads have shrunk the market for CDs and DVDs.
B) Online retail sales have increased, while brick-and-mortar sales have slowed down.
C) The opening of a new mall reduces the traﬃc in another mall.
D) A ﬁrm has to destroy some of the expired products in its inventory.

Question

Quizplus · Accepted Answer

The idea of creative destruction refers to the process of innovation and technological progress leading to the replacement or destruction of older industries or products. Option D does not illustrate this idea, as destroying expired products in inventory is not related to innovation or technological progress.

Which of the Following Does Not Illustrate the Idea of Creative