The Process by Which New Products and Technologies Drive Out

question 38

Multiple Choice

The process by which new products and technologies drive out existing products and techniques is known as:

• A) Destructive creation.
• B) Creative destruction.
• C) Consumer sovereignty.
• D) Capital accumulation.

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Definitions:

First-Generation Antipsychotic

A class of antipsychotic medications developed in the mid-20th century, used primarily to treat psychotic disorders like schizophrenia.

Synergistic Effect

An interaction between two or more substances or processes that results in an effect that is greater than the sum of their individual effects.

Social Therapy

A form of psychotherapy that focuses on improving interpersonal relationships and social functioning.

Milieu Therapy

A therapeutic approach that uses the immediate social environment to help individuals learn about themselves and improve their behavior.