According to Schumpeter, ‘creative destruction’ is a key feature of capitalism (free-market economy). This is because:

a.
Innovations make people spend more money.

b.
New technologies are in high demand, so that old technologies disappear from the market.

c.
New technologies make people lose their jobs, so only the rich people benefit.

d.
capitalism basically means the destruction of human creativity.

Answers

Answer 1

The creative destruction is a key feature of capitalism because New technologies make people lose their jobs, so only the rich people benefit. Therefore, the correct option is (C).

What is Creative destruction?

Creative destruction refers to the replacement of the old products by the new products.

According to Schumpeter, describes in his book “The Process of Creative Destruction that how economies work and grow and how the capitalist society will destroy the society.

Therefore the correct option is (C).

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Related Questions

Tell me more about Ethiopian Orthodox church history

Answers

Around 330 AD, at the same time the Roman Empire was expanding, the ancient Kingdom of Axum (present-day Ethiopia) declared Christianity to be its official religion. According to legend, the Ethiopian government official who was converted in Acts 8 was an important early figure in the church there (30s AD).

In what is now the Coptic Orthodox Church, the Archbishop of Alexandria ended up in charge of it. It is Orthodox, much like the other ancient churches that did not acknowledge the primacy of the Bishop of Rome.

According to how they responded to the Bishop of Rome, often known as the Pope, ancient churches may be roughly classified into three categories (though the Bishop of Alexandria also uses that title). Some, commonly referred to as Orthodox, never acknowledged his authority over the entire church and hence rejected Rome's effort to amend the Nicene Creed.

Roman Catholics are those who still acknowledge his authority over the entire church.

Some first acknowledged his authority but then had second thoughts and disregarded it. They are the Protestant Magisterials (Anglicans, Lutherans in Germany and Scandinavia, Presbyterians in Scotland).

Which statement about the rights African Americans were guaranteed before the Civil War is true?


They could own property and serve on juries.


They could attend school and serve in the army.


They were considered equal to all other citizens.


They enjoyed very few or no civil rights at all.

Answers

they could attend school and serve in the army

Answer:

Well, before the Civil War, African Americans were not allowed any rights, they had very few. They couldn't own land and definitely were not considered an equal citizen. And because we are talking about BEFORE the Civil War, they were not allowed to serve in the army. So That knocks out just about every answer choice except B. K12 right? I took that semester assessment. *Takes a bow* good day XD

OR

the had very little to no rights

What was the first permanent English colony?

O Jamestown
Roanoke
Plymouth
Massachusetts Bay

Answers

O Jamestown was the first permanent English colony.

PLEASE HURRY!!!!!!!!!!!!!!!!!!!!!!!!

Answers

C Rifles
i’m pretty sure it’s rifles but i’m 99% sure

Name one Latino enclave in the United States

Answers

Answer:

East Los Angeles, California

Explanation:

Answer:

East Los Angeles, California - historic urban Mexican-American enclave

Explanation:

can somebody please answer correctly i will give brainlist?

Answers

Answer:

Anglican Church

Explanation:

the puritans were the reform movement of the Anglican church; the main "puritan" idea is reform of the Anglican church system

Answer:

A

Explanation:

Opponents of the royal prerogative became allies of Puritan reformers, who saw the Church of England moving in a direction opposite to what they wanted, and objected to increased Catholic influence both at Court and (as they saw it) within the Church.

The first Ancient Roman government was a republic which means...
O the people shared the power and voted on all laws.
the people shared the power and elected representatives to vote on laws.
O
a small group of people had all the power.
one person had all the power.

Answers

Answer:

the people shared the power and elected representatives to vote on the laws

Explanation:

Which of these was an accomplishment of the Han Dynasty?

A.The invention of paper

B. The discovery of a water passage to Europe

C. The invention of the ballpoint pen

D. The invention of the abacus

Answers

I thinks it’s D I’m not sure yet

Which statement best explains how nationalism helped cause World War I?


It fueled rivalries between European nations.


It united Europe against the Ottoman Empire.


It led to revolution against Russian imperialism.

Answers

The correct option is A. Nationalism fueled rivalries between European nations. As a result, there were conflicts amongst the major European powers.

What is the Nationalism?

A strong sense of patriotism or loyalty to one's country is known as nationalism. Nationalists overstate the value or virtues of their own country, prioritizing it over the interests of other countries.

Thus, Early in the 20th century, nationalism was a powerful force in Europe and a major factor in the outbreak of World War I.

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President Theodore Roosevelt’s “speak softly and carry a big stick” foreign policy was based on

A. intimidation and punishment.
B. intimidation and invasion.
C. diplomacy and influence.
D. diplomacy and annexation.

Answers

the answer would be

C. Diplomacy and influence

what were thecultural feature of byzantine empire ​

Answers

Answer: Orthodox Christianity was a central feature of Byzantine culture. As a highly religious society, Byzantine society held certain values in high regard, including a respect for order and traditional hierarchies. As a society, marriage, chastity, and celibacy were celebrated and respected.

Answer:

A central feature of Byzantine culture was Orthodox Christianity. Byzantine society was very religious, and it held certain values in high esteem, including a respect for order and traditional hierarchies. Family was at the center of society, and marriage, chastity, and celibacy were celebrated and respected

If a business hires enployees to perform different highly specialized jobs what is it practicing

Answers

Answer:

Division of Labor

Explanation:

name this country that suffered the horrific effect of an atomic bomb during ww2​

Answers

Answer: Japan

Explanation:

The US dropped 2 atomic bombs on Hiroshima and Nagasaki, Japan right after the Japanese military made a surprise attack on Pearl Harbor.

I hope this helps!! Pls give brainliest! :)

Answer: Japan

Explanation: More specifically Hiroshima (August 6 1945) and Nagasaki (August 9 1945)

Which kind of US counter-elites have historically had the most success in politically mobilizing the masses?

Question 8 options:

rightwing


leftwing


centrist


none of the above

Answers

Leftwing are the US counter-elites that have historically had the most success in politically mobilizing the masses. Read below about the left-wing.

Who are the leftwing?

The American Left consists of individuals and bodies that have sought egalitarian changes in the economic, political and cultural institutions of the United States. They differ in their criticism of capitalism and on the extent of reform and the welfare state.

Therefore, the correct answer is option B. leftwing as they mobilise the masses for what they believe.

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While completing the hajj, one of the pillars of Islam, what other pillar or required act did Mansa Musa perform?
A. built mosques
B. gave to the needy
C. fasted along the way
D. confessed his wrongdoings

Answers

While completing the hajj, one of the pillars of Islam, what other pillar or required act did Mansa Musa perform is option A built mosques.

What was the significance of Mansa Musa's hajj?

In 1307, Mansa Ms, who was perhaps Sundiata's grandson or grandnephew and the foundation of his dynasty, ascended to the throne. He embarked on his renowned journey to Mecca in the 17th year of his reign (1324).

Mansa Musa performing the hajj, or pilgrimage, to Mecca, allowed him to satisfy one of the Five Pillars of Islam. Musa journeyed in elegance from Mali to the Islamic holy city of Mecca through Egypt.

Hence option a is correct

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How did John and Abigail Adams believe Thomas Paine's Common Sense influenced others?

Answers

The common sense by this couple influenced others by arguing the need for independence from the British and the reason why women had to be given roles in the society.

What was John Adams common sense?

This was the writing where the author talked about the need for independence from the British people. This was after all of the ills the colonists had suffered.

He also stressed the need for the new nation to become a democratic republic.

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Which definition of the term secession is correct?


compliance with the terms of an agreement


authority to legally inherit property


withdrawal from membership in a union


agreement to form an organization

Answers

The correct option is C. Secession is a withdrawal from membership in a union.

What is Secession Act?

The state left the Union under the Secession Act. In 1861 when southern states seceded from the Union and declared themselves a separate nation that led to civil war at that time Secession crises rise in America.

Thus the meaning of secession is withdrawal from membership in a union, especially a political entity, union, or military alliance.

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Citing evidence using a standard method is part of which step in writing a biographical essay?

drafting
revising
outlining
prewriting

Answers

drafting

Explanation:

it is the right answer

What was the military significance of the creation of guns?

Answers

Future military tactics and strategies were drastically altered by the introduction of guns in the war.

How guns help the military in the war

Infantry warfare had depended upon hand-to-hand combat. The gun, which could eliminate rows upon rows of infantry from a distance on the battlefield, gained popularity during World War I. Heavy steel armor, which had been the norm in warfare for decades, was rendered obsolete by troops using muskets.Soldiers using repeaters and revolvers in battle were much more successful than those using single-shot muzzleloaders against foes.

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Why were the media able to have such an important role in shaping American
opposition to the war in Vietnam?

PLEASE HELPPP!!

Answers

uncensored coverage provided valuable information to the enemy in Vietnam.

Which of the following economies would most likely be influenced by religious and cultural traditions?
market economy
socialist economy
command economy
traditional economy

Answers

Answer:

D. Traditonal economy is the correct option

Explanation:

hope this helps :)

Who saved the Israelites from the Egyptian

Answers

Answer:

Moses

Explanation:

Moses told them that God would help them, then God ordered him to stretch out his staff over the Red Sea making the sea part. This allowed the Israelites to escape across the sea, and away from Egypt unharmed.

hope this helps:)

If a government spends less money than it brings in through taxes in one
year, that government has a
OA. budget deficit
OB. budget surplus
OC. discretionary budget
OD. mandatory budget

Answers

If a government spends less money than it brings in through taxes in one year, that government has a budget surplus.

What is a budget?

This refers to the summary of expected amount to be expended by a government or an organization in a particular year. It also include expected revenue.

A budge could either be:

Surplus budgetDeficit budgetBalanced budget

Hence, If a government spends less money than it brings in through taxes in one year, that government has a budget surplus.

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budget deficit

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Which sentence below best describes the factory working conditions during the Industrial Revolution?
1. Laborers flocked to factory work over other occupations because they were given a voice to speak out against
injustices. Dissatisfied workers could easily bargain with their employers to improve wages and conditions.
2. Factory workers had little opportunity to speak out against the injustices of their working conditions. There was
virtually no contact with employers, the people that one needed to speak to in order to see a change.
01
02

Answers

The answer is number 2! Factory owners profited the most during the Industrial Revolution and had very little rights

Answer: The answer would be 2

Explanation: This revolution, which involved major changes in transportation, and manufacturing, When they took factory jobs, they were working for a large company.

Why was Harper v. Board of Elections an important
Supreme Court decision?
It encouraged Congress to propose and pass the
24th Amendment.
It extended the protections of the 24th Amendment
to state and local elections.
It adjusted the 24th Amendment by broadening it to
include all elections.
It eliminated the need for the 24th Amendment by
outlawing all election taxes.

Answers

Because they don’t say anything about it

Answer:C

Explanation:

The Persian empire question in the Survey of world history class

Answers

Persian Empire was located in Iran modern Country. It was started when the Persians settled near the fertile plains of the Pars.

What is the history of the Persian Empire in world History task?

Persian empire was established in 550 BC. it was the largest empire in the fertile crescent which expand to land and sea by establishing themselves in fertile plains.

In the Persian Empire, the focal point was on religion. They followed the Zoroastrianism religion which is based on the worship of sole god and moral of always speaking the truth and avoiding lie.

Persia was divided into 20 provinces and was connected by royal road system.

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what are the ideals of Athenian democracy?

Answers

Answer:

Representation, Justice, Equity and Freedoms

Explanation:

you must provide a relevant written and pictorial example for each pillar from your everyday life to help R-JEF understand what democracy means today.

Representation, Justice, Equity and Freedoms

you must provide a relevant written and
pictorial example for each pillar from your
everyday life to help R-JEF understand what
democracy means today.

can somebody please answer correctly i will give brainlist?

Answers

Answer: trade route

Explanation:

Answer:

A .Trade route

Explanation:

The Middle Passage was the stage of the Atlantic slave trade in which millions of enslaved Africans were transported to the Americas as part of the triangular slave trade.

By 1775, _____ of the 13 Colonies' population was of British descent.


A. half
B. a quarter
C. a third

Answers

Answer:

Half

Explanation:

Half ,Within a century and a half the British had 13 flourishing colonies on Altantic coast :Massachusetts, New Hampshire, Rhode Island .

which situation would be more likely to occur in the modern era then in earlier periods of human history

Answers

Answer:

Artificial intelligence taking over the earth definitely couldn`t have happened during 1765.

Explanation:

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