In the process of creative destruction, what gets destroyed? Is it Firms Workers Machines Buildings Business plans
Question:
Firms
Workers
Machines
Buildings
Business plans
Valuable relationships
Or some combination of these? The chapter itself contains quite a few ideas about how to answer this question, but you’ll have to think hard about the “opportunity cost” for each item on this list.
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Workers and machines as far as equipment dont get destroyed Workers in particular almost alway...View the full answer
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