Solved

"Creative Destruction," According to Joseph Schumpeter, Is Best Characterized by Which

Question 10

Multiple Choice

"Creative destruction," according to Joseph Schumpeter, is best characterized by which of the following?


A) The impact of the "managerial revolution" on traditional family-run businesses.
B) The breaking down of old industrial structures and their replacement by more competitive, efficient, and high-technology alternatives.
C) The demise of state socialism and the emergence of capitalism in Russia.
D) The impact of "free trade" on Canada's cultural industries.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents