Creative destruction, The emergence of self-driving cars is

Creative destruction

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Reference no: EM134046253

Question

The emergence of self-driving cars is an example of "creative destruction" because multiple choice self-driving cars will be less expensive to build than current cars. the firms that produce cars today will likely be the main producers of self-driving cars. self-driving cars will likely replace most cars that require drivers. it shows that the automobile industry is becoming more efficient.

Reference no: EM134046253

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Creative destruction : The emergence of self-driving cars is an example of creative destruction because multiple choice self-driving cars will be less expensive to build

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