Which of the Following Is an Example of Creative Destruction

question 128

Multiple Choice

Which of the following is an example of creative destruction?

• A)An economic recession forces firms out of business.
• B)Automobile production causes the wagon industry to shut down.
• C)Apple earns more economic profits than other manufacturers of MP3 players.
• D)Starbucks shuts down stores to create greater demand for its remaining outlets.

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Definitions:

Intellectual Functioning

The capacity of an individual to act purposefully, think rationally, and deal effectively with the environment, often measured by intelligence quotient (IQ) tests.

Myelination

The process by which nerve fibers are coated with myelin, a fatty substance that speeds up the transmission of nerve signals.

Motor Development

The progressive acquisition of skills involving movement, such as grasping, walking, and coordinating fine motor tasks.

Toddler

A child who walks with short, uncertain steps. Toddlerhood lasts from about 12 months to 30 months of age, thereby bridging infancy and early childhood.