Question

Henry Ford once said, "If I had asked people what they wanted, they would have said faster horses." The invention of the car is an early example of:

a. the march of globalization.
b. rapid technological diffusion.
c. disruptive technologies.
d. products that were not imitated by competitors.

Answer 1

The invention of the car is an early example of disruptive technologies.

Explanation:

• The technologies that successfully break a certain long-running trend to start another successfully can be termed as disruptive technologies.
• The rate of acceptance of such technologies is initially the lowest but they thrive very soon to completely replace the existing methods in use.
• Disruptive technologies are often more efficient than their older alternatives and that is why they are deemed as profitable.