Ask Question
BusinessBusiness
15 January, 06:48

What is defined as "the withdrawal of investments from activities (and regions) that yield low rates of profit in order to reinvest in new activities (and new places) "?

+3
Answers (1)
  1. 15 January, 07:06
    0
    The given statement is defined as creative destruction

    Explanation:

    It is defined as a creative destruction. Generally, creative destruction means when the old processes have been withdrawn so as to carry on new investment process or to carry out an innovative idea. The outdated process is replaced with the new process or an innovative process. This concept was firstly given by Joseph Schumpeter who coined it in his book.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What is defined as "the withdrawal of investments from activities (and regions) that yield low rates of profit in order to reinvest in new ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
How do modern theatrical performances differ from those in earlier time periods? What are the similarities?
Answers (1)
A municipal securities firm based in Los Angeles that effects transactions solely on an agency basis places the following advertisement in the local newspaper: "We Are Market Makers Of Large Sizes In Los Angeles General Obligation Bonds" Which
Answers (1)
Approximately how many bankruptcy claims were filed in 2014? 100,000 2.7 million 500,000 1.1 million 250,000
Answers (1)
On January 1, 2021, Corvallis Carnivals borrows $30,000 to purchase a delivery truck by agreeing to a 5%, five-year loan with the bank. Payments of $566.14 are due at the end of each month, with the first installment due on January 31, 2021.
Answers (1)
Flavor Ice Cream received a payment of $7,800 from a credit customer within the discount period. Identify the journal the transaction would be recorded in:
Answers (1)
New Questions in Business
European interest in the Middle East intensified after oil was discovered in the region. a. True b. False
Answers (1)
What type of marketing channel would Secure Insurance use if it offers its products exclusively through door-to-door salespersons?
Answers (1)
Travis is employed in a logistics company. How can he best avoid workplace hazards? A. by staying seated at his desk B. by avoiding hazardous work C. by wearing safety goggles D. by maintaining an uncluttered workplace E.
Answers (1)
The following information was taken from the financial statements of Hofburg Corp. for the year just ended: Accounts receivable, January 1 $ 21,600 Accounts receivable, December 31 30,400 Sales on account and cash sales 438,000 Uncollectible
Answers (1)
China has a collectivist culture. how do you believe that this will affect managers in a starbucks store?
Answers (1)
Home » Business » What is defined as "the withdrawal of investments from activities (and regions) that yield low rates of profit in order to reinvest in new activities (and new places) "?
Sign Up Forgot Password?