Economics MCQ Economics Who developed a growth model that suggested new products unleash a "gale of creative destruction" that drives old products out of the market?

Who developed a growth model that suggested new products unleash a "gale of creative destruction" that drives old products out of the market?

Naim 08:04 Economics

Who developed a growth model that suggested new products unleash a "gale of creative destruction" that drives old products out of the market?

A. Alan Greenspan
B. Joseph Schumpeter
C. Ben Bernanke
D. Adam Smith

Answer: B

Economics MCQ

Who developed a growth model that suggested new products unleash a "gale of creative destruction" that drives old products out of the market?

Who developed a growth model that suggested new products unleash a "gale of creative destruction" that drives old products out of the market?

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