As New Products That Are Better Than the Existing Generation

question 33

Multiple Choice

As new products that are better than the existing generation of products are introduced, sales normally increase because the new products provide consumers increased value or worth. This process, which is called ________, stimulates economic activity, which is a good thing for the economy.

• A) creative destruction
• B) repetitive destruction
• C) iterative replacement
• D) inventive replacement
• E) iterative destruction

---

Definitions:

Longitudinal Research

A research design that involves repeated observations of the same variables (e.g., individuals) over short or long periods of time.

Marital Relationships

Marital relationships refer to the bond and legal partnership between individuals in marriage, encompassing aspects of love, support, and commitment.

Relationship Ratings

A way of evaluating personal connections or interactions between individuals, often used in psychological studies to measure satisfaction or quality of relationships.

Evolutionary Theory

A framework explaining the diversity of life and adaptation of organisms through mechanisms like natural selection and genetic drift.