Creative destruction refers to the withdrawal of ________ from declining areas and activities for use in new areas and activities.
A) capital
B) building materials
C) culture
D) political ideas
E) creativity

Question

Quizplus · Accepted Answer

Creative destruction refers to the process by which new innovations and technologies displace existing ones, causing capital to be redirected from declining areas into new and more promising areas. This can lead to economic growth and progress but can also cause disruption and displacement in the short-term.

Creative Destruction Refers to the Withdrawal of ________ from Declining