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Explain Joseph Schumpeter's idea of creative destruction in your own words. Why does Schumpeter the use of the word creative and destruction? Further, explain why

Explain Joseph Schumpeter's idea of creative destruction in your own words. Why does Schumpeter the use of the word "creative" and "destruction"? Further, explain why creative destruction an essential feature of capitalistic economies/societies. Finally, find an illustrative example from within Indian economy or internationally, that can be used to describe the phenomenon of creative destruction

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