646EconomicsMedium
Which of the following is an example of a Schumpeterian innovation?
AAn American buying a stock in the Philippines stock market
BThe production and marketing of the Model T Ford in the 19-teens
CAn existing internet provider provides competition to two other providers in Dayton Ohlio
DThe invention of the Stanley steamer
Correct answer
B. The production and marketing of the Model T Ford in the 19-teens
Explanation
The correct answer is The production and marketing of the Model T Ford in the 19-teens.