Creative Destruction: A) is the term economist used to describe how the economy progresses through the development of ne

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Creative Destruction A Is The Term Economist Used To Describe How The Economy Progresses Through The Development Of Ne 1 (57.49 KiB) Viewed 53 times

Creative Destruction: A) is the term economist used to describe how the economy progresses through the development of new innovative methods and technology that replace inferior methods and technology. OB) was one of the most dangerous things about the Capitalist system since it destroyed new firms with new ideas before they could be born. OC) proved Karl Marx's point about Capitalists. They were destroying perfectly good businesses to enrich themselves. This destruction serves no useful social purpose and must be stopped by government action. OD) the term economist used to describe destroying things, but with flair.