With the creation and growth of the Internet, vacationers can now book their own flights, hotels, rental cars, and other travel logistics online. If this capability resulted in creative destruction, which of the following industries would we have expected to decline the most as a result?
A) airlines
B) travel agencies
C) tourist information
D) hotels

Question

Quizplus · Accepted Answer

Travel agencies would have been the industry to decline the most as the internet has made it easy for consumers to book their own trips without the need for intermediaries. The other industries may have also been affected, but not to the same extent as travel agencies.

With the Creation and Growth of the Internet, Vacationers Can