The withdrawal of investments from low-yielding activities and regions to other,higher yielding activities and regions is known as
A) creative destruction.
B) cumulative causation.

Question

Quizplus · Accepted Answer

Creative destruction refers to the process where old, outdated industries or technologies are replaced by new, more efficient ones, often leading to the reallocation of resources to more productive activities, including the withdrawal of investments from less profitable areas.

The Withdrawal of Investments from Low-Yielding Activities and Regions to Other,higher