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:

Incapacitative Sentencing

is a criminal justice policy aimed at preventing convicted criminals from committing more crimes by removing them from society, often through long-term imprisonment.

Lock Up

To confine someone or something securely, often used in the context of imprisonment.

New Recruits

Individuals who have newly joined an organization, institution, or the armed forces, often undergoing training and orientation.

Rehabilitation

The process of restoring someone to health or normal life through training and therapy after incarceration, addiction, or illness.